Chery Automobile, a Chinese-based automaker, is planning to enter the European market by launching new models from three of its brands by the end of 2025. These brands include Omoda, Jaecoo, and Exlantix. The Omoda 5, a crossover model, is set to be launched in Spain later this year and will also be available in the UK and Germany in the future. The Omoda 5 will be offered in combustion, plug-in hybrid, and electric versions to cater to different market demands. The electric version of the Omoda 5 is said to have 198 horsepower and a range of 280 miles on a single charge.

Chery plans to sell the combustion-powered version of the Omoda 5 in Spain, while Germany will receive both gas and electric models. The starting price for these models is expected to be around 30,000 euros. The automaker aims to launch the Omoda and Jaecoo models in all major European markets. Jochen Tueting, Chery’s European managing director, stated that the Omoda 5 will be competitively priced.

Chery also plans to introduce its all-electric brand, Exlantix, in Europe by early 2025. The company has already showcased the E03 sedan and E0Y SUV models. Chery is also considering the possibility of purchasing or constructing an assembly plant in Europe to emphasize local production. However, a decision on this matter is expected to be made in the coming year.

Overall, Chery’s expansion into the European market will not only involve selling cars but also establishing a presence in a highly competitive market. The success of these new brands and models remains to be seen.