Qoros

Qoros is a Chinese automobile manufacturer in Shanghai and was founded 2007.

It was founded as a joint venture between Chery and Kenon Holdings in December 2007 under the name Chery Quantum Automotive Corporation, the name was changed to Qoros Auto Co., Ltd. in November 2011. The partners are investing an initial US$1.5 billion in the venture. The Qoros 3 was the first series model to be presented at the Geneva Motor Show in March 2013. In November 2013 he was sold in China.

The name Qoros is invented. The letter Q is for quality and all the name means in Greek choir.

History
Chery Quantum Automotive Corporation was established in December 2007 as a company in Wuhu, Anhui Province, China. CQAC opened an office in Shanghai in September 2008. The shares were changed from 55/45 to 55/50 of Chery Automobile and Israel Corporation in June 2009. In October 2009, CQAC signed a cooperation agreement with Magna Steyr. A month later the company announced that its two shareholders would increase their investment in the venture by RMB 2.25 billion apiece. The first prototype was completed in October 2011 and on 28 November 2011, CQAC was renamed to Qoros Auto Co. The participation of the Israeli Corporation was controlled in Qoros in Singapore in February 2015.