Chery Clarifies Nature of Partnership with Tata Group, Confirms No Direct Investment or Tech Transfer in India

Deep News06-08 17:20

Chery Automobile has issued a statement clarifying the nature of its ongoing discussions with India's Tata Group. The company stated that the potential cooperation agreement under negotiation is strictly limited to the supply of vehicle-related parts and components, specifically providing CKD (completely knocked down) kits. Chery emphasized that there are no arrangements for direct investment in the Indian market or for the transfer of technology.

According to earlier foreign media reports, Tata Motors intended to utilize a Chery vehicle platform for the localized production in India of models under its premium electric vehicle brand, Avinya. Informed sources had indicated that the first Avinya model based on a Chery platform was planned for launch in 2027. It was to be shipped from China in component form for assembly in India, with a second model slated for 2029 and potential for further expansion of the product line.

In its official statement, Chery reiterated that the partnership talks with the Tata Group are confined to the supply of parts and components related to specific vehicle models. The company explicitly denied having any plans for direct investment or technology transfer in India. It further stated that descriptions such as "platform transfer," "platform licensing," "technology licensing," "technology export," or "technology output," as reported by some media outlets and accounts, are not accurate and do not reflect the factual situation of the discussions.

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