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Chinese automaker Chery is moving forward with its pledged investment deal to establish a production facility in Türkiye’s Black Sea province of Samsun, with the project now awaiting finalization of contractual agreements, according to local officials.
Mehmet Kose, the provincial head of Türkiye’s ruling Justice and Development Party (AK Party), said during a press conference on Monday that the automaker has completed all infrastructure-related preparations in Samsun and is currently in the contract stage with Turkish authorities.
"There is no setback in the process," Kose stated, adding that all procedures are progressing as planned.
Chery is entirely state-owned by the Chinese government, setting it apart from other Chinese EV firms expanding abroad and requiring a government-to-government framework for the deal, Kose stressed.
The final steps involve bilateral negotiations between Türkiye and China to formalize the investment framework, he added.
Talks are continuing, and no disruptions have emerged regarding the location, economic terms, or other technical components of the planned project, Kose said.
Chery, a Wuhu-based Chinese state-run automaker, has been the subject of reports suggesting the company is seeking to expand its production capacity in Türkiye, following fellow Chinese electric vehicle maker BYD’s $1 billion investment in the Aegean province of Manisa.
In early 2025, President Recep Tayyip Erdogan confirmed for the first time that negotiations were underway with Chery, stating that the automaker had selected Samsun as the planned location and that talks were ongoing.
Reports on the details of the investment indicated that the project would be worth around $1 billion and include an annual production capacity of 200,000 vehicles.
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