With a launch of its A5 Hybrid sedan later on this summer in its home market, Chinese automaker Chery Automobile will be one of the first Chinese manufacturers to do so, it was reported on Thursday. To get extra press and its new product in the media, the company plans to supply 50 of the Hybrid sedans for the use of the Olympic committee during this year’s Olympic Games in Beijing.
The Chery A5 Hybrid will begin mass production after the 2008 Olympic Games, according to Inside Line. The car will be priced at an equivalent of $11,375 to $12,875, representing a 14 to 29 percent premium over the price of the gasoline-only A5.
