Investment
Features
FeesSafety
Academy
More
Pluang+

Chery Auto opens Rosslyn Plant in South Africa, boosting local jobs and production capacity.

Company Fundamentals
04 Jul 2026
Na
View Source
Bullish
Chery Auto opens Rosslyn Plant in South Africa, boosting local jobs and production capacity.

Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-2027 and aims for 40% localization by 2028. This move supports Chery's regional hub ambitions and job creation of nearly 3,000 roles in the supply chain. Additionally, Chery launched its new LEPAS brand in South Africa, expanding its market presence with the upcoming LEPAS L6 model.

More News

Duolingo's General Counsel sells 8,000+ shares for $1.2M after stock drops 51% in a year

Duolingo's General Counsel sells 8,000+ shares for $1.2M after stock drops 51% in a year

Duolingo's General Counsel recently sold over 8,000 shares, raising $1.2 million. This sale comes after the company's stock price fell by 51% over the past year, reflecting investor concerns or market challenges. The transaction highlights insider ac...

Market News
Bearish
2 hours ago
Akedo token surges 48% on gaming partnerships amid mixed crypto market moves

Akedo token surges 48% on gaming partnerships amid mixed crypto market moves

Akedo's token price jumped 48.16% to $0.0649, driven by new partnerships in the gaming sector, pushing its market cap to $1.48 billion. Other notable gainers include Ethena, Injective, Stacks, and MemeCore, reflecting interest in decentralized financ...

Market News
Neutral
4 hours ago
Crypto whales buy $2.2B in XRP tokens in 96 hours, pushing price toward $2 target.

Crypto whales buy $2.2B in XRP tokens in 96 hours, pushing price toward $2 target.

In a major market move, crypto whales have purchased approximately 1.54 billion XRP tokens worth $2.2 billion within 96 hours, significantly reducing XRP supply on exchanges. This aggressive buying has formed strong support around $1.33 and stabilize...

Market News
Bullish
4 hours ago
Injective and Microsoft partner for onchain AI commerce event ahead of Token2049 in Singapore

Injective and Microsoft partner for onchain AI commerce event ahead of Token2049 in Singapore

Injective is partnering with Microsoft to host an onchain agentic commerce event on October 6 in Singapore, just before the Token2049 crypto conference. The event will showcase Injective's AI agent infrastructure that enables autonomous AI agents to ...

Protocol Fundamentals
Bullish
5 hours ago
Ripple's Swell 2026 conference spotlights XRP's role in finance's future with major industry leaders.

Ripple's Swell 2026 conference spotlights XRP's role in finance's future with major industry leaders.

Ripple has announced the agenda for its Swell 2026 conference in New York, highlighting XRP, tokenization, stablecoins, and institutional settlement as key topics. The event, running from October 27-29, will feature over 100 speakers from major finan...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App