The Chinese have landed – again, since Geely’s Lynk&Co. has already previously arrived – in Europe, with Chery trying out the waters in front of the worldwide audience of the Frankfurt Motor Show with their new Exeed brand and its TX hybrid SUV.
Chery counts as one of the bigger names in manufacturing in China, and it’s also the leading auto exporter, so its move towards conquering the European continent makes sense. It also makes sense bringing to the Frankfurt Motor Show a plug-in hybrid compact SUV, as the first product from a completely new brand, called Exeed that will soon introduce an all-new model line of passenger cars. “In just a few years we intend to start selling a family of vehicles in European markets across multiple segments, with power supplied by a range of electrified powertrains,” explained Chery CEO Anning Chen during the IAA press reveal.
We’ll have to wait and see when this really happens – even Geely’s Lynk&Co. is first working out at home before venturing globally – but at least we do have a first product to discuss. The TX is a compact SUV, complete with its own new architecture, developed in partnership with “the world’s leading suppliers” and specifically designed for electrified powerplants. It mimics the Hyundai Ioniq and will come as a standard hybrid, plug in hybrid and pure electric model – the first to arrive will actually be the PHEV.
The new Exeed TX PHEV mixes a 1.5-liter gas engine with 147 horsepower (110 kilowatts) and a 114-hp (85-kW) electric motor, linked to a seven-speed automatic transmission and a smart all-wheel drive system. Performance should be good – 0-62 miles per hour (0-100 kilometers per hour) in less than six seconds, along with an average fuel economy rating of just 1.8 liters per 100 kilometers, according to NEDC. The SUV’s electric range stands at 43 miles (70 kilometers) at speeds up to 75 mph (120 kph).