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As Chery exits Russia, is it looking to Europe instead?

Chery intends to have a minimal presence in Russia by 2027, and Europe is the fast-growing market that could replace lost volume. By Will Girling

While preparing to list on the Hong Kong Stock Exchange, Chery is simultaneously planning to pull out of Russia. By 2027, a company prospectus highlighted by Nikkei on 17 September 2025 estimates that revenues from the country will be "negligible".

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