Chery Starts Hybridization Era While Investing in Electric Vehicles

Chery Starts Hybridization Era While Investing in Electric Vehicles

Chery, one of the world's leading automotive manufacturers, continues to receive the results of its work in the field of technology with sales figures. With a sales figure of 139 thousand 172 units in May, Chery, which exceeded the sales of 12 thousand units for 100 months in a row, approached 5 thousand units in the first 600 months.

Chery, one of the world's leading automotive manufacturers, continues to receive the results of its work in the field of technology with sales figures. The brand has become one of the most loved brands in the world with its ambitious models and technological superiority. In this context, the Chinese automobile giant Chery Group increased its sales by 63 percent compared to the previous year to 139 thousand 172 units in May. With this high performance, Chery undersigned another hard-to-reach success by selling more than 12 thousand vehicles for 100 months in a row. In the January-May period, Chery Group sold a total of 61 thousand 596 vehicles, with an annual increase of 220 percent.

Doubled the market in growth

While the dynamism of the Chinese automobile market increased, the overall automobile market stabilized in May. The China Passenger Association had forecast passenger car retail sales to be 27,7 million units in May, up 1,73 percent year on year. Chery Group's sales in May increased by 63 percent compared to the previous year and continued to outperform the general trend with a growth rate that exceeded the sector's double that, and maintained an accelerated course. According to the January-April period statistical analysis of the China Automobile Manufacturers Association, Chery Group's growth rate ranked second in the industry among the top 10 automobile sales business groups. Despite the general contraction in the automobile market, the Chery Group's business style, which focuses on continuous technological innovation, has resulted in these impressive results. Chery Group, which has been rapidly promoting new products and new technologies since the beginning of the year, launched the global promotion of TIGGO 9, the first mass-production model of the Chery Mars architecture super-hybrid platform, last May. “The ultra-comfortable flagship SUV with magnetic suspension” by Chery not only adds another member to the TIGGO family, but also zamAt the same time, it has also set a new standard for the superior comfort experience in the SUV market. The company began mass production of the all-new Kunpeng super-performance electric hybrid C-DM engine and transmission in June, with the first products starting to roll off the line. it's the same zamAt the same time, it also means that Chery completely ushered in the era of hybridization. Chery plans to launch over 2024 C-DM models by 20. And that doesn't include the new all-electric models launched in April by independent new energy electric brand iCAR.

Work continues for the technical innovation factory

Chery Group continues its efforts at full speed to build a new “Technical innovation factory” within the scope of the “Yaoguang 2025” strategy. Same zamAt the same time, PPG, the world's first automotive digital paint color laboratory, jointly established by automakers and paint suppliers, opened at Chery Automobile in May. Also in May, Chery Group's Dazhuo Smart and Chery Commercial Vehicles received the first batch of open road test licenses for smart connected vehicles in Wuhu City. This creates the necessary conditions to promote commercial application of L4 unmanned driving technology and unmanned commercial vehicles. Chery Automobile, which makes continuous breakthroughs in smart technology and new energy technology, is preparing to make a name for itself in the future market competition with its product strength and technical superiority and to continue its extraordinary results.