China has but to put sanctions on Russia, permitting its companies to proceed working.
Geely stated its Russia operations “had principally stopped” in a press release to Automotive Information Europe however didn’t elaborate additional.
Automobile exports from China to Russia trebled to 122,800 in 2021 from 42,700 in 2020, Bernstein stated.
Nice Wall builds autos in Russia at a plant in Tula state, near Moscow, whereas Geely has a manufacturing facility in Russia-aligned Belarus.
Chery has been in talks with an area plant to assemble automobiles in Russia, native trade analyst firm Autostat reported final yr.
Final yr, 18 p.c of the 1.67 million light-vehicle gross sales in Russia had been imported, with the rest constructed regionally, Autostat stated.