Both companies are private enterprises. Chery automobile has a larger scale and more complete automobile products. He Zhong New Energy Automobile Co., Ltd. was established in Tongxiang City, Zhejiang Province on 20 14, mainly engaged in the design, research and development, production and sales of new energy vehicles and parts.
Chery Automobile Co., Ltd. was established on 19971October 8 with a registered capital of 4 1 100 million yuan. With the strategic goal of building an "international brand", after 19 years of innovation and development, the company has become the largest self-owned brand automobile manufacturing enterprise integrating R&D, complete vehicle, powertrain and key parts in China, and the largest passenger car export enterprise in China.