Sino-Israeli Startup Seeks Place Among 94 Brands in China

Sino-Israeli Startup Seeks Place Among 94 Brands in China

Adam Dean/Bloomberg

Established as a joint venture between China’s Chery Automobile Co. and an Israeli holding company, Qoros says it will invest 16 billion yuan ($2.5 billion) through 2015 and produce about 150,000 units annually at a planned factory in Changshu, a 90-minute drive northwest of Shanghai.