(Reuters) – Carmaker HAAH Automotive Holdings said on Monday it plans to assemble and sell cars based on a platform designed by Chinese carmaker Chery Automobile Co Ltd in the United States and Canada by late next year or early 2022.
Irvine, California-based HAAH said its first vehicle under the new brand, Vantas, will be a premium sport utility.
The firm will assemble its vehicles in a U.S. factory, but is yet to decide on its location.
Michigan is among the many options being considered by HAAH, as it looks to employ between 1,000 and 1,500 workers once the plant is fully operational, the firm said.
HAAH also has an agreement with another Chinese carmaker Zotye Automobile (000980.SZ) to distribute Zotye’s vehicles in the United States.
Reporting by Ankit Ajmera in Bengaluru; Editing by Vinay Dwivedi
Source: Reuters.com © 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.