• 02.09.2024

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Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

Jan 3, 2024

Recently, Chery Holding Group announced its sales volume for 2023. Chery Group achieved “twelve consecutive increases” in sales in 2023, with a total sales of 1,881,316 vehicles, a year-on-year increase of 52.6%. The sales volume in December 2023 was 215,690. The group’s annual revenue exceeded 300 billion yuan for the first time, with a year-on-year increase of over 50%, achieving a “big leap” of 100 billion yuan in one year. The group exported 937,148 vehicles in 2023, a year-on-year increase of 101.1%, ranking first in Chinese brand passenger car exports for 21 consecutive years. As of now, Chery Group has accumulated over 13 million global car users, including 3.35 million overseas users.

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

In the group’s main passenger car brands: Chery brand’s annual sales volume was 1,341,261, a year-on-year increase of 47.6%; Start brand’s annual sales volume was 125,521, a year-on-year increase of 134.9%; Jetour brand’s annual sales volume was 315,167, a year-on-year increase of 75%. The first product of iCAR brand, iCAR 03, started global pre-sale on December 18, and has received 10,000+ orders as of December 31.

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar
Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

“Chery’s technological evolution yields a series of breakthrough innovations. Chery’s independently developed world-class hybrid technology, the Kungpeng Super Energy Hybrid C-DM, is now in mass production. It boasts a highest thermal efficiency greater than 44.5%, electric consumption as low as 4.2L per 100 kilometers, a maximum comprehensive range of over 1400km, and 0-100km acceleration in 4.26 seconds, among other outstanding performances.”

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar
Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

Chery aims to continue advancing in the fields of intelligence and industrial internet. The L4 advanced driverless ride-hailing vehicle “Robotaxi” developed by “DaZhuo Intelligent” has achieved public road passenger-carrying trial operation in Shanghai and Wuhu. “Xiongshi Technology” has comprehensively advanced Lion.Data data intelligent platform, LION AI large model 2.0, LION OS, and high computing power platform, leading the future super smart technology for travel.

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar
Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

Chery’s OMODA 5 and Tiggo 7PRO achieve top safety ratings in international crash tests. Chery ranks first in the 2023 China New Vehicle Quality Report by J.D. Power. Chery’s advanced collision testing lab conducted 532 full vehicle crash tests in one year, supporting the group’s car models to achieve five-star safety ratings in Europe’s E-NCAP, Australia’s A-NCAP, and China’s C-NCAP. Chery’s Star Era ES becomes the first domestic model to pass the “NESTA Six-Dimensional Electrical Safety” test certification system. Chery enhances electrical safety protection in multiple aspects to address user concerns.

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

Chery’s global pace is more steady, and the “circle of friends” for open cooperation is growing. In the “Top 50 Globalization Brands in China in 2023” jointly released by Google and Kantar, Chery ranked first in the automotive category. In 2023, Chery Group’s export sales doubled from the previous year, and a large number of international cooperation projects are being negotiated and promoted.

Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar
Chery Holding Group Achieves Record Sales Volume and Revenue in 2023, Exports Soar

In 2024, Chery Group will continue to set “achieving greater success than in 2023, far above the industry growth rate” as the annual business goal, persisting in upward brand, outward market, forward technology, and full value chain industry, achieving significantly improved enterprise capabilities and sustained improvement in operational quality, accelerating towards becoming a world-class brand.