Chery to launch iCAUR V23 electric SUV brand in South Africa [Yahoo! Finance]
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Source: Yahoo! Finance
The rollout brings a standalone electric vehicle nameplate to South Africa and aligns with Chery's wider international push, as Chinese carmaker targets developing EV markets. The timing also coincides with tougher rivalry in the country's automotive sector, the most established on the continent. According to the report from Reuters , electric vehicle uptake in South Africa is still limited, but policy shifts and rising consumer interest are starting to open the door to additional players. Around 21 Chinese vehicle brands are currently available in South Africa, with further arrivals expected this year, including BYD's Denza and Chery Group's Lepas. Chery said it will release more information and pricing for the V23 nearer to its May arrival. In a separate update, Chery said last week that its flagship Lepas L8 is scheduled to reach the UK market in the third quarter of 2026, representing the brand's first step into the country. Lepas would become Chery's fourth marque in
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