Stock Markets March 31, 2026

Chery Targets End-2027 Start-Up at Acquired Rosslyn Plant, Plans Electrified Vehicle Production

Manufacturer to retrofit former Nissan facility and build local supplier base while keeping investment figures private

By Derek Hwang
Chery Targets End-2027 Start-Up at Acquired Rosslyn Plant, Plans Electrified Vehicle Production

Chery Automobile says it intends to restart production at the Rosslyn manufacturing plant in South Africa by the end of 2027 after acquiring the site from Nissan (T:7201). The automaker plans to retrofit and recommission the facility over the next 12 to 18 months, with a focus on producing electrified vehicles alongside internal combustion models and supporting exports across Africa and Europe.

Key Points

  • Chery plans to restart production at the Rosslyn plant in South Africa by the end of 2027 after acquiring the facility from Nissan (T:7201).
  • The plant will be re-commissioned and retrofitted over the next 12 to 18 months, but acquisition cost and total investment figures were not disclosed.
  • Chery intends to produce electrified vehicles - including hybrid, plug-in hybrid and battery electric models - alongside internal combustion vehicles, and to build a local supplier base to support exports across Africa and Europe.

Chery Automobile has stated plans to resume manufacturing at the Rosslyn plant in South Africa by the end of 2027, following its acquisition of the facility from Nissan (T:7201). The company intends to re-commission and retrofit the site within a 12 to 18 month window and to produce electrified vehicles there, according to remarks by Chery International Executive Vice President Charlie Zhang.

Speaking at a conference, Zhang said the company will work to modify the plant "at full speed" and that the target is for the "start of production" to occur "probably by the end of 2027." He added that the plant will be adapted to support multiple vehicle models.

The automaker has not revealed either the cost paid to acquire the Rosslyn facility or the total amount it plans to invest in the retrofit and restart. Zhang said the site will be re-commissioned and retrofitted over the coming 12 to 18 months, without disclosing further financial details.

Chery is considering a production mix that includes new energy vehicles alongside traditional internal combustion engine models. Zhang said the company sees electrified vehicles - specifically hybrid, plug-in hybrid and battery electric vehicles - as potential primary products at the plant. He also indicated that the facility will have the capability to manufacture several different models.

The company also said it expects to export vehicles manufactured at Rosslyn to markets across Africa and Europe. To support local operations, Chery plans to develop a domestic supplier base in South Africa, a move Zhang characterized as reflecting the automaker's confidence in the market and its response to the support of local customers and dealers.

Chery re-entered South Africa's automotive market four years ago and has since been a regular top 10 seller in the country. The company averages roughly 50,000 units sold each year in South Africa and operates a nationwide dealer network of about 150 outlets.

Company statements highlight that local production is expected to provide improved flexibility, shorter lead times and enhanced competitiveness in the South African market, though no figures on investment scale or projected output were provided.


Context and next steps

  • Refit and recommissioning work is scheduled over the next 12 to 18 months.
  • Chery aims to start vehicle production at Rosslyn by the end of 2027.
  • Product plans include a mix of electrified vehicles (hybrid, plug-in hybrid, battery electric) and internal combustion engine models.

Risks

  • Timing uncertainty - the company’s target to begin production by the end of 2027 depends on completing retrofitting and recommissioning within the planned 12 to 18 month window. This impacts the automotive manufacturing and supply chain sectors.
  • Financial opacity - Chery has not disclosed acquisition costs or planned investment amounts, creating uncertainty around project scale and capital allocation for investors and suppliers in the automotive and industrial sectors.
  • Market execution - scaling local production and establishing a supplier base pose execution risks that could affect lead times, competitiveness and export plans, with implications for automotive sales and regional supply chains.

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