Chinese automaker Chery will produce electric cars in Argentina.

The company announced that it will invest 400 million to establish a plant in the country, where it projects to manufacture about 100 thousand cars per year by 2030.

The project, according to sources, will generate about six thousand jobs in Argentina.

The news was released after a meeting between the deputy chairman of Chery International, Zhang Shenghan and the Argentine Secretary of Industry, José Ignacio de Mendiguren.

The meeting in the Chinese city of Wuhu was also attended by the Argentine ambassador, Sabino Vaca Narvaja.

It was reported that the batteries of the electric cars will be directly developed in Perico, province of Jujuy, by another Chinese company: Gotion High Tech.

In that area bordering Bolivia and Chile there are abundant lithium deposits, used in cells that power all kinds of mobile devices.

These Argentine-made batteries will be used by Chery in Germany, India, the United States, Spain and Vietnam.

After the meeting in Wuhu, Secretary De Mendiguren highlighted "the importance of investing in the industrialization of a strategic resource such as lithium".

This, he added, "is the type of investment that we want to encourage and attract for Argentina".