Chery to boost development of electric vehicles

Chery Automobile will cooperate with Cybernaut China, Sino-Singapore Tianjin Eco-City, Potevio and Huatai Insurance to boost development of electric vehicles, according to agreements signed at an electric vehicle symposium in Shenzhen last week.

Chery will collaborate with Potevio to build and equip recharging stations and put more effort into developing lithium ion batteries technology.

According to the agreement between Chery and Cybernaut, the two will put electric vehicles into operation in some pilot Chinese cities.