Chery Announces 2023 Results

Chery Group, one of the rapidly growing brands in the automotive market, achieved a significant success by spreading its rising performance throughout 2023.

Chery, China's leading automotive manufacturer, completed the year 2023, in which it made a rapid start, by increasing its performance. Chery, which has gained serious momentum in the Turkish market in a short time with the brand's innovative models produced with high technology and its price policy that captures the consumer, announced its 2023 results.

Chery Group, which closed December with sales of 215 thousand 690 units, achieved a significant success by recording growth for 2023 consecutive months in 12. Chery Group increased its sales by 2023 percent in 52,6 and delivered 881 million 316 thousand XNUMX vehicles to its users.

The group's annual vehicle exports increased by 2022 percent compared to 101,1, reaching 937 thousand 148 units. With this figure, Chery Group became China's largest passenger car exporter for the 21st year in a row. With 2023 data, the number of global automotive users of Chery Group exceeded 13 million (3,35 million outside China).

Acting with the New Energy and Conventional fuel strategy, Chery focused on different segments with innovative products such as TIGGO 8 PRO Plug-in Hybrid, TIGGO 7 PRO Plug-in Hybrid and eQ series, among other new energy products. The increase in sales of the group with models such as TIGGO 8 series, TIGGO 7 series and Arrizo 8 was reflected in the growth figures.

Chery, whose core brand values ​​are "Environment, Technology, Family and Friendship", strengthened its globalization steps in 2023 and increased the global impact of the brand. Chery ranked first in the automotive category in the "2023 China Global Brand Builders Top 50" jointly published by Google and Kantar. Acting with the global corporate concept of "in one place, for one place", Chery actively participates in the economic development, ESG formation, livelihood and social responsibility projects of countries with foreign markets.

Chery Automotive donated $6 million to UNICEF (United Nations International Children's Emergency Fund) for international child education projects and WWF (World Wildlife Fund) to promote the protection of sensitive environments around the world and to convey warmth and camaraderie through responsibility and love signed a cooperation agreement. In 2023, more than 50 thousand dealers, media members and users from more than 2 countries and regions visited Chery's headquarters and experienced the appeal of the brand.

Chery continued technological innovation in 2023 and realized the evolution of Tech Chery with groundbreaking achievements. Chery introduced the QPower architecture under the theme “Evolution for the Future” at Qatar GIMS (Geneva International Motor Show).

QPower represents Chery's 26 years of knowledge and advanced technology. It stands out as an advanced professional power solution covering mainstream energy forms such as ICE, PHEV, BEV and hydrogen. QPower has energy advantages such as "powerful and fast", "efficient and environmentally friendly" and "high energy and smart", and fully meets users' environmentally friendly travel demands in terms of performance, range, fast charging and comprehensive safety.

The launch of QPower not only brings further innovation to the global automotive industry, it also zamcurrently providing a better driving experience to global users. Also Chery; TIGGO 8 PRO Plug-in Hybrid and TIGGO 7 PRO Plug-in Hybrid were unveiled at Qatar GIMS. Chery attracted attention with its TIGGO 8 PRO Max, TIGGO 7 PRO Max, Arrizo 8 and other flagship models introduced at the fair.

For the second consecutive year in 2023, Chery hosted "Chery Technology Day", where the latest developments in its forward-looking technology strategy were introduced. Focusing on five main technological areas, the company has over 140 established and under construction technology laboratories. Chery has important technologies in smart hybrid architecture, batteries, electric drive and many other areas. The aim of this effort is to create quality products for global users with comprehensive advances in the fields of "security", "space", "energy consumption", "intelligence" and "ecology", thus creating a technological innovation chain suitable for the new era. Chery is constantly improving the “Made in China” and “Created in China” gold standard labels in terms of quality.

J.D. In the 2023 China First Quality Survey published by Power, Chery ranks first among its own brands. Asia's leading crash test laboratory, owned by Chery, broke a new historical record by performing 2023 vehicle crash tests in 532.

Chery Group has set ambitious targets for 2024. The company, which entered the new year with the goals of "growing well above the growth rate in the sector and achieving greater success compared to 2023", will continue to improve in quality with the approach of "Leaving the class as a brand, Extrovert in the Market, Advanced Technology and Advanced Industry to the Whole Value Chain".

Thus, Chery will significantly increase the capabilities of the business, ensuring continuous improvement in business quality and accelerating progress towards becoming a world-class brand. Chery will launch a range of new Plug-in Hybrid and battery electric models in many markets in 2024. These models, which will be equipped with advanced technologies such as new generation DHE/DHT, artificial intelligence, autonomous driving and smart cockpit, will constantly improve the technological features of their vehicles with product renewals.