Chery to establish global EV R&D center in Taiwan

Chinese automaker Chery Automobile is aiming to establish a global electric vehicle (EV) research and development (R&D) center in Taiwan, reports China Economic News Service. The automaker is expected to make a formal announcement about the new center at the Cross-Strait Economic Co-Operation Framework Agreement (ECFA) meeting later this month. Local sources claim that Chery will build the R&D center at the Green Energy Intelligent Vehicle Innovation Park (EV Park) in Taiwan’s Changhua Coastal Industrial Area to make use of the raw material and manpower resources in the vicinity. (November 19, 2009)