Chery: Jump in NEV Sales; Promoting Intelligent Technology 2nd place in passenger car sales; top in exports for 22 consecutive years Summary Revenues and sales: Revenues exceed CNY 480 billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales v...

Market & Tech Reports  Updated at: 2025/03/07

Chinese OEM Overseas Expansion Activities: SAIC, Chery, Dongfeng, Changan SAIC accelerates electrification overseas as well; Chery to export 50K units by 2025 Summary SAIC Group: Top Chinese OEM exporter for seven years running, Accelerating electrification outside China Chery: Announces a new brand for markets outside China, plans to export 50K vehicles by 2025 Dongfeng Motor: Export volume of passenger cars increased by 38.0% y/y, with Voyah br...

Market & Tech Reports  Updated at: 2023/06/19

Chery: Strategic alliances with high-tech companies, exporting 500,000 units by 2025 Sales exceeded 500K units in Jan-July, top Chinese auto exporter for 18th year in row Summary Overview of Chery Holding: Capital increase at the end of 2019, to become a non-state-owned holding company Strategic plan: Learning production methods from Toyota, business models from Tesla, and focusing on developing intelligent cars and NEVs R&D: Accelerating the dev...

Market & Tech Reports  Updated at: 2021/08/31

Overseas expansion of Chinese OEMs under the Belt and Road Initiative Automakers shifting from exports to local production Summary SAIC: Construction of a plant in Southeast Asia, release of models to meet market demands Dongfeng Motor: Release of a broad product lineup, promotion of local production primarily in Asia FAW: Active deployment in the Iranian market Changan Automobile: Release of compact models overseas, plans for the construction of...

Market & Tech Reports  Updated at: 2018/10/09