Exhibit 4.13

GUARANTEE CONTRACT







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Between



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Kenon Holdings Ltd.

And

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Chery Automobile Co. Ltd.

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5 November, 2015

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This guarantee contract (Guarantee Contract) is entered into on the date first above written
by and between:

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|(1) | Kenon Holdings Ltd. a limited liability company duly organized and validly existing under the laws of Singapore with its legal address at 1 Temasek Avenue, #36-01 Millenia Tower, Singapore 039192
(Kenon), represented by Mr. Yoav Doppelt and Mr. Dan Cohen, and
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|(2) | Chery Automobile Co. Ltd., a company limited by shares duly organized and validly existing under the laws of the Peoples Republic of China (PRC), with its legal address at 8 Changchun Road,
Economic & Technology Development Zone, Wuhu, Anhui, China, represented by Mr. Yin Tongyue (Chery)
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(Kenon and Chery are hereinafter individually referred to as Party or jointly referred to as
Parties)

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WHEREAS:

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|(A) | Kenon is the parent company of Quantum (2007) LLC (Quantum) and Chery is a major shareholder of Wuhu Chery Automobile Investment Co., Ltd. (Wuhu Chery) and Quantum and Wuhu Chery are
equal shareholders of the Sino-foreign equity joint venture company Qoros Automotive Co., Ltd. (Qoros).
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|(B) | Qoros has signed a Syndicated Renminbi/US Dollars Agreement for Fixed Assets Investment with an Aggregate Equivalent Amount of RMB Three Billion (the Loan Agreement) with Contract No. of YT41121230018
on July 23, 2012 with the Export-Import Bank of China (the Arranger), China Construction Bank Co., LTD, Suzhou Branch (the Agent) and several banks listed under the Loan Agreement as the lenders (the
Lenders) in which the Lenders agree to make available to Qoros an aggregate amount not exceeding RMB 3,000,000,000 (Three Billion) equivalent RMB/USD dual currency long term loan facility pursuant to the provisions of the Loan
Agreement (the Facility).
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|(C) | As a condition precedent for the Lenders to make the Facility available for Qoros, Chery and Changshu Port Development and Construction Co. Ltd. (CS Port) agreed that Chery and CS Port each separately
provide an irrevocable and unconditional guarantee covering 50% of the indebtedness of Qoros, including the draw downs and other payable amounts with a Loan Term of 120 months to all Bank Consortium Members for the liabilities of Qoros under the
Loan Agreement pursuant to the terms and conditions set forth in the Guarantee Deed (No. YT41121230018 (A)) between Chery and the Agent (Chery Guarantee Deed) and another Guarantee Deed (No. YT41121230018(B)) made between CS Port
and the Agent (CS Port Guarantee Deed), both dated July 23, 2012 (the Chery Guarantee Deed and the CS Port Guarantee Deed hereinafter referred to as the Guarantee Deeds)). For the purpose of clarification,
Chery and CS Port provide their individual Guarantee Deeds on a pro-rata basis respectively. Chery shall under the Chery Guarantee Deed not assume any joint and several liabilities in connection with the CS Port Guarantee Deed and vice versa.
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|(D) | This Guarantee Contract directly correlates with Loan Agreement specified in Whereas (B) and Guarantee Deeds specified in Whereas (C).
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In accordance with relevant laws and regulations of the PRC and after an amicable negotiation based on mutual consents, the
Parties agree as follows:



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Chapter 1 Scope of Guarantee, Guaranteed Indebtedness and Term of Guarantee

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Clause 1Pursuant to the provisions of the Chery Guarantee Deed, Chery has agreed to provide an irrevocable and
unconditional guarantee to all Bank Consortium Members for 50% of the indebtedness of Qoros under the Loan Agreement subject to the clauses of the Chery Guarantee Deed. Such guarantee provided by Chery under the Chery Guarantee Deed covers: all the
present and future obligations and indebtedness that Qoros shall be liable to all of the Bank Consortium Members (or any of the Bank Consortium Member) pursuant to the Loan Agreement (or any clause thereof) (including but not limited to the draw
downs, interests (including statutory interests, contractual interests, overdue interests and default interests), liquidated damages, compensations, processing charges, costs and any others reasonable and necessary expenditures incurred for the
purpose of enforcing the creditors rights by a Bank Consortium Member, inter alia collection fees, disposal fees, taxes and fees, court fees, notarization fees, preservation fees, public announcement fees, reasonable and necessary enforcement
fees, auction fees, reasonable and necessary legal fees, traveling expenses and others etc. as specified in this Clause 1) (collectively the Chery Secured Indebtedness).

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Clause 2 Pursuant to the provisions of this Guarantee Contract, Kenon agrees to provide an irrevocable and  in
accordance with this Guarantee Contract - unconditional guarantee to Chery for up to 50% of the Chery Secured Indebtedness under the Chery Guarantee Deed, subject to the limitations set forth below (such 50% of the Chery Secured Indebtedness under
the Chery Guarantee Deed subject to the limitations set forth below shall hereinafter be referred to as the Kenon Secured Indebtedness.

The Kenon Secured Indebtedness shall include but be limited to RMB 750 Million for (i) draw downs in relation to the Facility granted to Qoros under the
Loan Agreement, (ii) interest in relation to the Facility granted to Qoros under the Loan Agreement and (iii) of any and all related fees. If Chery will have to bear liabilities under the Chery Guarantee Deed exceeding RMB 1.5 billion,
Kenon is committed to negotiate with Chery in good faith to find a solution so that Kenon and Chery will assume liabilities for the related indebtedness of Qoros under the Loan Agreement in equal proportion. The amount of RMB 750 million
specified in the first sentence of this paragraph together with the amount, if any, agreed to be assumed by Kenon in the immediately preceding sentence, shall be collectively referred to hereinafter as the Total Amount, and may be
adjusted in accordance with Clauses 7 and 12 below. If a portion of the interest and fees under items (ii) and (iii) listed above is attributed to the noncompliance with the representations, warranties and covenants by Chery under the
Chery Guarantee Deed and/or this Guarantee Contract, Kenon shall not be liable for that portion to Chery.



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Clause 3 In case Qoros fails to pay any due and payable Chery Secured Indebtedness on any due date or any Event of
Default under the Loan Agreement occurs and the payment ability of Qoros could be strongly affected, and in each case Chery pays off such Chery Secured Indebtedness to the Agent in accordance with the Chery Guarantee Deed, Kenon shall pay to Chery
50% (but not more than the Total Amount or an adjusted ratio or amount in accordance with Clauses 7 and/or 12 below) of the amount of the Chery Secured Indebtedness actually paid by Chery to the Agent within thirty (30) Business Days upon the
receipt of a written notice from Chery to a bank account designated by Chery. If Kenon pays the Kenon Secured Indebtedness in USD, Kenon shall ensure that the amount received by Chery shall be the RMB equivalent of 50% of the sums paid by Chery to
the Agent for Chery Secured Indebtedness (but not more than the Total Amount or an adjusted ratio or amount in accordance with Clauses 7 and/or 12 below), determined by reference to midrate of exchange by the Peoples Bank of China on the date
on which the relevant amount is received by Chery.

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Clause 4 Chery shall provide Kenon with all documents to prove the Chery Secured Indebtedness paid off to the Agent
for the purpose of Kenons guarantee payable under this Guarantee Contract.

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Clause 5 The term of this Guarantee Contract shall commence from the effectiveness of the Guarantee Deeds
or the effective date of this Guarantee Contract, whichever is earlier, until ten (10) days after the Chery Guarantee Term under the Chery Guarantee Deed, or two (2) years after Chery performs the Chery Secured Indebtedness owed by Chery
under the Chery Guarantee Deed, whichever is later. This Guarantee Contract will become null and void after the term of this Guarantee Contract as set forth above is expired. Clauses 18 and 19 shall remain valid and survive the expiration of the
term of this Guarantee Contract.

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Chapter 2 Nature and Effectiveness of Guarantee

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Clause 6 The guarantee under this Guarantee Contract is an exclusive guarantee with continuance and full
effectiveness provided by Kenon to Chery and shall not be a joint and several guarantee to the Chery Guarantee Deed which Chery provided to the Agent and/or the CS Port Guarantee Deed and/or any other guarantee or security provided to the Agent or
any of the Bank Consortium Members in relation to the Loan Agreement. Chery may only claim against Kenon under this Guarantee Contract if and after Chery has fulfilled its obligations and actually paid its guaranteed amount pro rata towards the
Agent under the Guarantee Deeds.

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Clause 7 The effectiveness of this Guarantee Contract shall not be affected by either of the liquidation, merger,
spin-off, restructuring, bankruptcy or any other form of change of the organizational chart of Kenon or other arrangements made to Qoross indebtedness. This Guarantee Contract shall terminate as of the date Quantum ceases to be a shareholder
of Qoros, provided that the assignee of Quantums equity in Qoros unconditionally undertakes the liability and obligation of Kenon hereunder pro rata in accordance with the equity ratio assignment and based on equal terms with this Guarantee
Contract with Cherys consent in writing. Also, the ratio and Total Amount of



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the Kenon Secured Indebtedness shall be adjusted pro rata in accordance with any adjustment of the equity ratio held by Quantum in Qoros during the term of the Guarantee Contract (e.g. if the
equity of Quantum in Qoros adjusts to 40%, Kenon shall only guarantee for 40% of the Chery Secured Indebtedness under the Chery Guarantee Deed, subject to the limitation of the Total Amount) subject to the written agreement among Kenon, Chery and
assignee in question. However written agreement is not necessary once shareholding is decreased due to dilution (decrease of shareholdings due to issuance of new securities) in case of an IPO of Qoros.

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Clause 8 This Guarantee Contract is independent of the Loan Agreement but is dependent on the effectiveness of the
Chery Guarantee Deed. The effectiveness of this Guarantee Contract and the obligations and liabilities of Kenon hereunder shall not be affected by the fact that the Loan Agreement becomes null or rescinded for whatsoever reason. The effectiveness of
this Guarantee Contract and the obligations and liabilities of Kenon hereunder shall be null and void if the Chery Guarantee Deed becomes null or rescinded for whatsoever reason.

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Clause 9This Guarantee Contract and any of the rights and obligations of the Parties hereunder shall not be
transferred by a Party hereof to any third party without prior written consent of the other Party.

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Chapter 3 Representations and Warranties

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Clause 10Chery represents and warrants to Kenon that Chery will (a) comply with its representations,
warranties and covenants under the Chery Guarantee Deed, (b) to the extent Chery becomes aware that Qoros has failed to comply with any of its payment obligations under the Loan Agreement, to immediately notify Kenon and (c) immediately
upon Qoros failing to comply with all or any of its payment obligations under the Loan Agreement and upon the request of Kenon, start to pay all and any due amounts (a Kenon Requested Repayment) in accordance with the Chery
Guarantee Deed as to avoid any increase of interest, fees or other amounts payable under the Loan Agreement and to take all and any reasonable and legally required measures to ensure that Cherys liabilities under the Chery Guarantee Deed are
at all times kept at the lowest possible level, provided that (i) prior to the payment by Chery of any Kenon Requested Repayment, Kenon and Chery will, for a period of 30 days, negotiate in good faith for the interest of both parties to
identify and agree on alternatives to repayment which could reduce Qoros liabilities under the Loan Agreement, and (ii) at the end of such 30 day period, Kenon shall first make its corresponding proportional payments to Chery in respect
of such Kenon Requested Repayment as calculated in accordance with this Guarantee Contract, and immediately upon receipt of such amounts, Chery shall make such Kenon Requested Repayment in accordance with this Guarantee Contract. Notwithstanding the
foregoing, at any time beginning when Kenon has requested a Kenon Requested Repayment and prior to the expiry of such 30 day period, Kenon may, in its sole discretion, pay its corresponding proportional payments to Chery in respect of such Kenon
Requested Repayment as calculated in accordance with this Guarantee Contract, and upon the receipt by Chery of such amounts, Kenon shall be deemed to have fully satisfied its obligations with respect to the Kenon Secured Indebtedness in a sum equal
to such amounts and the Total Amount shall be deemed to be reduced by such amounts, but Kenon shall remain liable under its remaining obligations under this Guarantee Contact, provided that Kenon shall not be responsible for any penalty interest,
fees or other related charges related to any such failure to comply with payment obligations accruing after the date of such payment by Kenon in respect of such amounts.

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Kenon represents and warrants to Chery with respect to the then facts and situations on the effective date of this
Guarantee Contract, every Utilization Notice date, every Utilization Date and every Date of Interest Payment as follows:





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|1. | It is a legal person that has been legally incorporated and validly existing pursuant to the laws and regulations of its incorporation place.
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|2. | It has the necessary civil capacities and rights to own its assets, to operate its businesses, and to make and perform this Guarantee Contract.
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|3. | It has obtained all the internal corporate authorizations necessary for entering into and performing this Guarantee Contract with such authorizations still in full force and effect; and this Guarantee Contract has been
duly and effectively executed by the authorized representatives of Kenon.
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|4. | All approvals, permits, consents, registrations and filings currently required for its legal performance of this Guarantee Contract have been duly obtained and are still in full force and effect.
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|5. | The obligations set forth in this Guarantee Contract are legal, effective and binding upon on Kenon, and it shall be fully performed accordingly.
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|6. | The formation and performance of this Guarantee Contract by Kenon for itself do not and will not violate or contradict with any of the following:
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| | (a) | Any contracts, agreements or other documents that are of binding effect on it or its assets; which results or would result in a material adverse effect on its ability to perform its obligations under this Guarantee
Contract;
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| | (b) | Any of its constitutional corporate documents; and/or
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| | (c) | Any laws and regulations it is subject to.
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|7. | There is no existing litigation, arbitration, administrative proceeding, judicial or administrative enforcement proceeding or other legal proceeding of the similar kind initiated against Kenon, which have led or would,
if adversely determined, lead to a material adverse effect on its ability to perform its obligations under this Guarantee Contract.
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|8. | It has not entered into any proceeding of business suspension, dissolution, liquidation, bankruptcy, restructuring, reconciliation, reorganization or other similar legal proceedings.
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|9. | Under judicial proceedings in any jurisdiction, to the best knowledge of Kenon, Kenon do not have any immunity and privilege in respect of suing, judgment, enforcement, preservation and other judicial procedures.
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|10. | It has carefully read and fully understood and accepted the contents set forth in this Guarantee Contract and this Guarantee Contract will be made and performed by Kenon based on its will and true intention.
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|11. | This Guarantee Contract is directly binding upon Kenon.
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|12. | To the extent Kenon becomes aware that Qoros has failed to comply with any of its payment obligations under the Loan Agreement, to immediately notify Chery.
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Chapter 4 Covenants

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Clause 11 Before any Kenon Secured Indebtedness under the Guarantee Contract is fully discharged and before any of
the Chery Secured Indebtedness up to an amount equal to the Total Amount (or an adjusted ratio or amount in accordance with Clauses 7 and/or 12 below) under the Chery Guarantee Deed is fully discharged, Kenon shall strictly fulfill and observe
following covenants:



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|1. | Kenon shall ensure that, the respective creditors rights of Chery to Kenon under this Guarantee Contract shall at least rank pari passu with the creditors rights (without priority) of the other unsecured
creditors of Kenon except for obligations mandatorily preferred by applicable insolvency laws.
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|2. | Kenon shall maintain its legal status, continuous and effective existence, and ensure it has necessary civil capacities and rights to perform this Guarantee Contract.
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|3. | Kenon shall timely obtain and maintain all approvals, permissions, consents, registrations and filings necessary for the performance of this Guarantee Contract, if any, and maintain the full force and effect hereof.
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|4. | Kenon procures that all materials provided to the other Party in relation to this Guarantee Contract are true, complete and effective.
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Clause 12 If any change and/or amendment and/or novation of the Loan Agreement and/or either of the
Guarantee Deeds or any of their terms alleviate the obligations of Kenon stipulated in this Guarantee Contract, the prior written consent of Kenon shall not be required, and Kenon shall continue to bear guarantee liability thereafter. However, Chery
shall notify such change and/or amendment and/or novation of the Loan Agreement and/or either of the Guarantee Deeds to Kenon in writing.

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Any change and/or amendment and/or novation of the Loan Agreement and/or either of the Guarantee Deeds or any of their
terms intensify the obligations of Kenon, the prior written consent of Kenon to such change and/or amendment and/or novation shall be necessary to make them effective and binding upon Kenon in respect to this Guarantee Contract.

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Clause 13 Chery herewith undertakes irrevocably and unconditionally towards Kenon (subject only to conditions in the
Chery Guarantee Deed, if any) to pay off such Chery Secured Indebtedness and to hold Kenon and/or Quantum harmless from any and all direct and indirect damages and losses incurred by Kenon and/or Quantum in case Chery does not comply with its
obligation to pay off the Chery Secured Indebtedness in full and on time in accordance with the Chery Guarantee Deed.

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Chery shall be obliged to pay to Kenon, without further notice by Kenon, simultaneously and on a pro rata basis, 50% of any
amounts Chery may receive or may otherwise recover (including by operation of any set-off, deduction or counterclaim) from Qoros and/or any other third party in respect of any payment made by Chery under the Chery Guarantee Deed, provided however
that Kenon has in advance made its payments to Chery under this Guarantee Contract; these rights and obligations shall be and remain binding on Qoros whether or not (i) Kenon remains a shareholder of Quantum or (ii) Quantum remains a
shareholder of Qoros or (iii) Chery remains a shareholder of Wuhu Chery or (iv) Wuhu Chery remains a shareholder of Qoros.



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Kenon shall be entitled to claim from Qoros and Qoros shall be obliged to pay on demand to Kenon any amounts equal to all
and any payments made by Kenon under this Guarantee Contract to Chery; these rights and obligations shall be and remain binding on Qoros whether or not (i) Kenon remains a shareholder of Quantum or (ii) Quantum remains a shareholder of
Qoros.

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Chapter 5 Event of Default

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Clause 14 Any material breach of obligation under this Guarantee Contract by Kenon shall constitute an event of
default under this Guarantee Contract by Kenon and Kenon shall be liable to compensate Chery for all and any direct losses and damages incurred by such breach of contract (indirect and consequential losses and damages shall be excluded).

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Clause 15 Notwithstanding the aforesaid, after the occurrence of an event of default under this Guarantee Contract
and in case Kenon is the defaulting Party, Kenon shall, directly or at the request of Chery observe one or more of the obligations listed below:



|1. | rectifying the default;
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|2. | providing additional securities.
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|3. | undertaking guarantee liabilities; and/or
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|4. | performing any other obligations under this Guarantee Contract.
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Chapter 6 Fees and Indemnities

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Clause 16 Any expenses in connection with the negotiation, conclusion and performance of this Guarantee Contract
shall be borne by each Party for itself.

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Chapter 7 Effectiveness

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Clause 17 Subject to the provisions of Clause 5 above, this Guarantee Contract shall come into force on the date
when the legal or authorized representatives of Kenon and Chery have affixed their respective signatures together with the company seal of Chery on this Guarantee Contract and when the legal or authorized representatives of Kenon and Qoros have
affixed their respective signatures together with the company seal of Qoros on the Addendum to this Guarantee Contract.

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Chapter 8 Governing Law and Dispute Resolution

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Clause 18 This Guarantee Contract shall be governed by and construed in accordance with the laws of the PRC.

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Clause 19 In the event a dispute between the Parties arising out of or in relation to this Guarantee Contract, the
Parties shall in the first instance each designate one or more representatives who shall promptly meet to attempt to resolve such dispute through friendly consultations.

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If the dispute is not resolved through consultations within sixty (60) days after one Party has served a written
notice on the other Party requesting the commencement of consultations, then the Parties shall refer and submit the dispute for final resolution by arbitration to the Hong Kong International Arbitration Center (HKIAC) in accordance with the
Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL Arbitration Rules) as at present in force save as the same may be amended by this Article and the UNCITRAL Arbitration Rules shall be construed
accordingly. The place of arbitration shall be Hong Kong. The arbitration shall be settled by three (3) arbitrators. Each Party shall appoint one arbitrator within the time stipulated in the UNCITRAL Arbitration Rules, failing which the
appointment shall be made by HKIAC. The third arbitrator, who will act as the presiding arbitrator, shall be appointed by the HKIAC. The appointing authority shall be the HKIAC. The language of the arbitration proceedings shall be English, provided
that either Party may introduce evidence or testimony in languages other than English. The arbitrators may refer to both the English and Chinese texts of this Contract. The award of the arbitration tribunal will be final and binding on each of the
Parties and may be enforced in any court of competent jurisdiction.

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The arbitral tribunal shall have the authority and power to make such orders for interim relief, including
injunctive relief, as it may deem just and equitable. A request for interim measures or equitable remedies, including injunctive relief, by a Party to a court shall not be deemed to be or construed as incompatible with, or a waiver of, this
agreement to arbitrate.

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The arbitration shall be kept confidential and the existence of the proceeding and any element of it (including but not
limited to any pleadings, submissions or other documents submitted or exchanged, any evidence and any awards) shall not without prior consent by all Parties be disclosed beyond the Parties to the arbitration and their representatives, the arbitral
tribunal, the administering institution (if any) and any person necessary to the conduct of the proceeding, except as may be lawfully required (under any jurisdiction the Parties are subject to) whether in judicial proceedings or otherwise in the
normal course of business of the Parties.

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The Parties will use their best efforts to effect the prompt execution of any such awards and will render whatever
assistance as may be necessary to this end, including, if necessary, compliance with the enforcement procedures stipulated in the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards and the Arrangements Concerning
Mutual Enforcement of Arbitration Awards between the Mainland and the Hong Kong Special Administrative Region.

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The costs of arbitration including attorneys fees shall be borne by the losing Party unless otherwise decided in the
arbitral award.

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When any dispute occurs and when any dispute is under arbitration, except for the matters under dispute, the
Parties shall continue to exercise their other respective rights and fulfill their other respective obligations under this Guarantee Contract. In any arbitration proceeding or legal proceeding to enforce an arbitral award, in any other legal action
between the Parties relating to this Guarantee Contract, each Party waives the defense of sovereign immunity and any other defense solely based upon the fact or allegation that it is a political subdivision, agency or instrumentality of a sovereign
state.

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Chapter 9 Others

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Clause 20 Unless otherwise defined in this Guarantee Contract, any reference to the capitalized, bold and/or
underlined terms herein shall have the same meaning as provided in the paragraph 1.1 (Definitions) under Clause 1 (Definitions and Interpretation) of the Loan Agreement.

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Clause 21 Neither tolerance, grace period, privileges or delays that one Party has granted to the other Party under
this Guarantee Contract, shall affect, impact or restrict any rights of such one Party under this Guarantee Contract and arising out of the operation of laws, and nor shall these be deemed as a waiver of any rights or interests under this Guarantee
Contract by such one Party, and nor shall these affect the obligations and liabilities to be borne by the other Party.

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Clause 22 This Guarantee Contract may be amended or supplemented by mutual written agreement of the
Parties. Any amendment or supplement to this Guarantee Contract shall constitute an integral part of this Guarantee Contract.

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Clause 23 This Guarantee Contract is made solely for the benefit of Kenon and Chery and shall not be construed to
confer any rights to any third party (including, without limitation, Qoros, CS Port, the Agent or the Bank Consortium Members).

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Clause 24 Any notice, demand or other documents to be given by one Party to any other Party hereto shall be in
writing in English and delivered or sent to the recipient(s) at the address specified in the first page of this Guarantee Contract. Any Party hereto shall timely notify the other Party of any change of its address.

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Such notice, demand or documents will be deemed as delivered: if sent by person, at the time of actual delivery; if posted
by registered mail, at the time of 17:00 of the fifth (5) Business Day after such registered mail is posted; if sent by PDF-email or fax, at the time when a confirmation report is received by the sender.

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Clause 25 This Guarantee Contract is signed in English and Chinese languages with both language versions equally
binding. In case of any discrepancy between the two languages versions, the English version shall prevail.

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Clause 26 This Guarantee Contract is executed in two (2) originals. Chery and Kenon will each hold
one (1) original. Each original is equally binding with the same legal force.

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Clause 27 Kenon shall be entitled to disclose any information in terms of its obligation under this Guarantee
Contract to the extent to satisfy the legal regulation requirement imposed on a public listed company.

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Kenon: Kenon Holdings Ltd..

|                                  |  |                                |      |           
|--------------------------------- |  | ------------------------------ | ---- | ----------
|                                  | 
|Name: Yoav Doppelt                |  | Name: Dan Cohen               
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 Yoav Doppelt                |  | LOGO
 Dan Cohen               
|Position: CEO                     |  | Position: Authorized Signatory
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 CEO                         |  | LOGO
 Authorized Signatory    
|Signature:                        |  | LOGO                           |      | Signature:
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|Chery: Chery Automobile Co. Ltd., |  |                               
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|                                  | 
|Name: Yin Tongyue                 |  |                               
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|Position: Chairman & CEO          |  |                               
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|Signature:                        |  |                               
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|Company Seal                      |  |                               
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ADDENDUM TO GUARANTEE CONTRACT Kenon  CHERY

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This addendum to the guarantee contract (Addendum) between Kenon and Chery dated 5 November 2015 is entered into
on the date of such Guarantee Contract (as defined below) by and between:



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Kenon Holdings Ltd. a limited liability company duly organized and validly existing under the laws of the Republic
of Singapore with its legal address at 1 Temasek Avenue, #36-01 Millenia Tower, Singapore 039192 (Kenon), and

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Qoros Automotive Co., Ltd.,a limited liability company duly organized and validly existing under the laws of the
PRC with its legal address at 88 Tonggang Road, Riverside International Building Room 501, Economic Development Area of Changshu City, Jiangsu Province, PRC.

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(Kenon and Qoros are hereinafter individually referred to as Party or jointly referred to as
Parties)

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WHEREAS Kenon and Chery Automobile Co. Ltd. have entered into a guarantee contract dated 5 November 2015 pursuant to
which Kenon agrees to provide an irrevocable and  in accordance with such Guarantee Contractunconditional guarantee to Chery for the Total Amount (as defined under the Guarantee Contract) under the Chery Guarantee Deed (as defined under
the Guarantee Contract).

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In accordance with relevant laws and regulations of the PRC and after an amicable negotiation based on mutual consents, the
Parties agree as follows:



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Qoros herewith acknowledges the Guarantee Contract and agrees irrevocably and unconditionally in particular to the specific
obligations of Qoros under such Guarantee Contract (including but not limited with respect to Clause 13 as it relates to Qoros obligation to repay to Kenon any amounts Kenon paid to Chery under this Guarantee Contract).

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Kenon is entitled to be repaid simultaneously with Chery and CS Port from Qoros in any amount based on pro rata based on
the amount actually paid which is divided among Chery, CS Port and Kenon, if Chery, CS Port and Kenon fully perform their obligations under the CS Port Guarantee Deed, the Chery Guarantee Deed and this Guarantee Contract, respectively.

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This Addendum shall come into force on the date when the legal or authorized representatives of Kenon and Chery have
affixed their respective signatures together with the company seal of Chery on the Guarantee Contract and when the legal or authorized representatives of Kenon and Qoros have affixed their respective signatures together with the company seal of
Qoros on this Addendum.

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This Addendum shall be governed by and construed in accordance with the laws of the PRC. Clause 19 of the Guarantee
Contract (HKIAC dispute resolution) shall apply mutatis mutandis to this Addendum and in relation to Qoros and Kenon hereunder,

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Clauses 20 to 26 of the Guarantee Contract shall apply mutatis mutandis to this Addendum and in relation to Qoros and Kenon
hereunder.

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|                                  |  |                                |      |           
|--------------------------------- |  | ------------------------------ | ---- | ----------
|Kenon: Kenon Holdings Ltd.        |  |                               
|                                  | 
|Name: Yoav Doppelt                |  | Name: Dan Cohen               
|LOGOYoav Doppelt                  |  | LOGODan Cohen                 
|Position: CEO                     |  | Position: Authorized Signatory
|LOGOCEO                           |  | LOGOAuthorized Signatory      
|Signature:                        |  | LOGO                           |      | Signature:
|LOGO                              |  |                                | LOGO
|                                  | 
|Qoros: Qoros Automobile Co. Ltd., |  |                               
|LOGO                              |  |                               
|                                  | 
|Name: CHEN ANNING                 |  | Name:                         
|LOGO                              |  | LOGO                          
|Position: Chairman                |  | Position: Vice Chairman       
|LOGO                              |  | LOGO                          
|Signature:                        |  | Signature:                    
|LOGO                              |  | LOGO                          
|                                  | 
|Company Seal                      |  |                               
|LOGO                              |  |                               

This Addendum and Qoros obligations thereunder being acknowledged by Chery:

LOGO

Chery: Chery Automobile Co. Ltd.,

LOGO

Name: Yin Tongyue

LOGO

Position: Chairman & CEO

LOGO

Signature:

LOGO

Company Seal

LOGO



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