Chery Automobile Co. Ltd. is a Wuhu-based Chinese carmaker, founded in 1997 and now among China’s top exporters, pushing ACTECO engines and EVs amid global competition and tech export tensions.
Chinese automakers have accelerated global expansion in 2026, showcasing rapid advances in batteries, charging and autonomous tech at the Beijing Auto Show while exports have surged. BYD, Geely and CATL have rolled out ultra-fast charging batteries and chargers; Geely is exploring US production through Volvo; legacy automakers are reorganising to respond to the pressure.
China has placed 10 US companies, including rare‑earth producers MP Materials and USA Rare Earth, on its export control list and has barred Chinese government procurement from 46 US firms. Beijing has said the moves respond to a recent Pentagon blacklist of Chinese companies and has ordered immediate suspension of Chinese-origin dual‑use exports to the named firms.
EU trade chiefs push to rebalance trade with China as talks with Beijing seek tangible results by autumn. Europe faces a €360 billion deficit as climate, industry and tech sectors depend on China, even as leaders vow to defend strategic industries.