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Chery

From Wikipedia, the free encyclopedia
Chinese automobile manufacturing company
This article is about the Chinese automaker. For other uses, seeChery (disambiguation).
Not to be confused withChevy orCherry.

Chery Automobile Co. Ltd.
Logo since 2022
Company typePublic, State–private mixed ownership
SEHK9973
IndustryAutomotive
Founded8 January 1997; 29 years ago (1997-01-08)
HeadquartersWuhu, Anhui, China
Area served
Worldwide
Key people
Yin Tongyue (chairman)
Shaodong Zhu (CEO)[1]
ProductsAutomobiles
Engines
Production output
Increase 2,603,916 vehicles (2024)[2]
RevenueIncreaseCN¥480 billion (2024)[2]
OwnerAnhui and Wuhu government (36.34%)
Luxshare (16.83%)
CATL (3.15%)
Gotion High Tech (1.66%)
Employees (18.25%)
Number of employees
48,000[3]
Subsidiaries
Chinese name
Simplified Chinese奇瑞汽车股份有限公司
Traditional Chinese奇瑞汽車股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinQíruì Qìchē Gǔfèn Yǒuxiàn Gōngsī
Chery
Simplified Chinese奇瑞
Transcriptions
Standard Mandarin
Hanyu PinyinQíruì
IPA[tɕʰǐɻwêɪ]
Website

Chery Automobile Co. Ltd.,trading asChery (Chinese:奇瑞;pinyin:Qíruì),[4] is a Chineseautomobile manufacturer. Founded in 1997, it is currently the third largest automobile manufacturer group in China, with 2,806,393 vehicles sold in 2025.[5] The company is headquartered inWuhu, Anhui.

Chery was founded in 1997 by government officials of Wuhu, who appointed Yin Tongyue, the current chairman, as the company's first technical director. Chery launched its first car called theFengyun in 1999, a copy theSEAT Toledo Mk1 (itself based on theVolkswagen Golf Mk 2 chassis) using an engine production line fromFord Dagenham.[6] During its early years, Chery used technologies from other manufacturers; some were licensed and others were acquired byreverse engineering. This led to a lawsuit in 2003 filed byGeneral Motors alleging that Chery had copied the design of one of its cars. Chery has since developed and improved its technologies. Since 2006, Chery has produced its engines branded asACTECO, which it also sells to other manufacturers.[7]

Until 2025, the company used to be a subsidiary ofChery Holding Group Co., Ltd and under the ownership of theWuhu municipal government. After its IPO in 2025, it was spun-off from the Chery Holding and currently co-owned by the government of Anhui and Wuhu, the employees and several private companies. Since Chery Automobile went IPO, Chery has begun to market itself as "Chery Group", incorporating the Chery Holding's commercial vehicles business. In reality, however, "Chery Group" is not an actual legal entity but merely a marketing concept.

The company started exporting cars from China in 2001, ahead of other Chinese manufacturers and has been the top exporter of Chinese brand passenger vehicles since 2003. The company exported 269,154 vehicles in 2021, 451,337 vehicles in 2022, and 937,148 vehicles in 2023, accounting for 52 percent of its overall sales.[8][9]

Chery invests more heavily in overseas markets than other Chinese manufacturers, and many of its vehicles are assembled outside China using complete or semi-completeknock-down kits. In 2024, Chery Holding Group made its debut on theFortune Global 500 list, securing the 385th position with a revenue of $39.0917 billion.[10][11]

Chery adopts a multi-brand strategy by establishing many car brands for different purposes. As of 2024[update], the company has nine active brands, including the main Chery brand (withFulwin andChery New Energy sub-brands forplug-in hybrid andelectric cars respectively),Exeed for premium vehicles,Jetour that focuses on SUVs (withZongheng sub-brand forluxuryoff-road SUVs respectively),iCar/iCaur for electric SUVs,Luxeed as a collaborative electric car brand withHuawei,Karry for commercial vehicles, andOmoda,Jaecoo,Lepas, Exlantix, and Aiqar for export markets.

The company also operates ajoint venture withJLR since 2012 calledChery Jaguar Land Rover to produceJaguar andLand Rover vehicles in China.

On 25 September 2025, Chery raised about US$1.2 billion in itsHong KongIPO at HK$30.75 per share, valuing the company at nearly US$23 billion, marking it as one of Hong Kong's largest IPOs of the year.[12][13]

Chery logo used before 2013
Chery logo used from 2013 until 2022, still used in some overseas markets

History

[edit]

Early years

[edit]
Chery SQR7160 Fengyun
Chery chairman, Yin Tongyue in 2024

Chery was founded on 8 January 1997 as astate-owned enterprise by a group of officials fromWuhu city inAnhui province. The city officials appointed Yin Tongyue (Chinese:尹同跃), the current Chery chairman, as the company's technical director in 1996. Yin is from Anhui, and at that time was a manager inFAW, holding a position as a workshop director for theFAW-Volkswagen joint venture. The car project was formally incorporated on 18 March 1997 as Anhui Auto Parts Co., Ltd., with substantial funding from the Anhui provincial government, amounting to millions of yuan. The plan was to set up an engine production line and creating a components industry, before initiating car manufacturing operations.[14]

Chery began automobile production in 1999 using a unlicensed copySEAT Toledo chassis and theFord CVH engine manufactured using equipment bought fromFord Dagenham .[15][16] Called theFengyun, Chery's first car sold nearly 30,000 units.[17] By 2002, Chery's production and sales exceeded 50,000 units, ranking among the "top eight" in the domestic passenger car industry.[18] However, the company was only awarded a national passenger car production license in 2003,[19] so while its first product rolled off the line in December 1999, it could not be legally sold outside the Anhui province for several years.[17] During that period, Chery solved the problem by piggybacking on aSAIC Motor license until 2003. In this period, SAIC held a 20 percent share in Chery.[19] Ownership was soon sold due to rising tensions between Chery and SAIC partnerGeneral Motors, and political pressure from the SAIC management towards Anhui authorities.[14][20]

Expansion period

[edit]

In May 2003, Chery launched its smallest car, theQQ, which became popular due to its design and affordability. Despite its successful sales, it also received quality and durability complaints from owners.[6] In June 2003, American manufacturerGeneral Motors (GM) filed a widely publicizedlawsuit against Chery, alleging that the design of the QQ copied the first-generationDaewoo Matiz, a vehicle developed byGM Daewoo.[21] In late 2005, the lawsuit wassettled out of court.

GM was not the only manufacturer to have been exasperated with Chery;Volkswagen planned to file a lawsuit against Chery regarding the secret side deals it engaged with VW parts suppliers to produce the Chery Fengyun that was based on theVolkswagen Jetta II.[22] Volkswagen agreed to abstain from a planned lawsuit after Chery offered financial settlement out of court.[23] This entrepreneurial risk-taking ledThe Wall Street Journal in 2007 to describe Chery'scorporate culture as "an odd hybrid of Communiststate enterprise and entrepreneurialstart-up".[17]

In December 2004, Chery entered an importation agreement with American companyVisionary Vehicles, laying the groundwork to introduce five Chery models to US and Canada.[24][25] Visionary Vehicles was owned byMalcolm Bricklin, widely known as the entrepreneur who broughtYugo cars to the US. Both companies hoped to sell 150,000 vehicles in the US by 2007. Investments were made to ensure compliance with safety regulations, and a dealership network was established across North America. Allegations of breach of contract by Chery and the legal disputes that followed in 2006 disrupted the collaboration between both companies, and Visionary Vehicles ended up winning a lawsuit it brought against Chery in 2013 to recoup losses from the failed deal.[26][27]

Chery started improving its engineering capabilities,[6] and launching other new products such as theTiggo SUV and other models.[18] In 2003, Chery started buying 1.4-litreTritec petrol engines produced in Brazil and jointly developed byBMW andChrysler.[6] In 2005, the company used aMitsubishi Motors engine for the Tiggo, which was widely used in the Chinese car industry at that time.[6] Chery started producing its own engine branded asACTECO since 2006.[7] It is the result of a technical cooperation dating from 2003 with AVL, an Austrian engineering company.[28] Starting 2008, Chery supplied ACTECO engines to Fiat, which used the 1.6- and 1.8-liter engines for theFiat Linea.[29][30]

Chery A3

TheA3, introduced in August 2007, became a turning point of the brand. The sedan was styled byPininfarina, and became the first Chinese-developed car to receive a 5-star rating in the ChinaNCAP safety test.[31]

In 2009, Chery produced 508,500 units,[32] and at that time, it had an annual production capacity around 650,000 units.[33] More than 400,000 of its 2009 sales weresedans.[34] In that year, Yin Tongyue announced changes to the company's strategy to become a multi-brand carmaker by introducing three new brands:Karry, Rely, andRiich. Chery also renamed all its cars toCowin followed by a number, except for the E5, QQ, and Tiggo. It also introduced theFengyun 2 to replace the SEAT-based sedan. These changes are aimed to eliminate the low-budget image of Chery cars.[35] Later its sprawling production policy and lineup became a problem for Chery. With over 100 new models in the works, Chery decided to cancel the Rely and Riich brands in the fall of 2012. Since then, Chery has entered an adjustment period of "returning to one Chery", and reduced its planned models to around 30.[36]

Chery Holding establishment

[edit]

In 2010, Chery entered a new phase with the establishment of Chery Holding Co., Ltd., which became aconglomerate holding company that also operated other businesses such asfinancial services,real estate, and service sector. By 2024, the holding company consists of over 300 member companies.[37]

Chery became the seventh-most productive Chinese vehicle manufacturer in 2010 by selling nearly 700,000 units.[38] Slipping sales marked 2011 and 2012; in these years, the company produced more than 640,000 and near 590,000 units, respectively, and it moved from a seventh to a tenth-place ranking.[39] The company in 2011 exported around 25% of its total production.[40] In 2011, Chery built its first fully owned manufacturing plant outside of China, located inJacareí, Brazil. It went operational in 2014.[41]

Since the late 2000s period, Chery also began to actively seek a partnership with foreign carmakers. Several possible tie-ups with bothChrysler andFiat were explored, but fell through.[42][43] In mid-2011, the company signed an agreement with Fuji Heavy Industries (currentlySubaru Corporation) to establish a manufacturing joint venture in China, with a production site planned inDalian, Liaoning. The planned joint venture failed to receive an approval from the Chinese government despite multiple attempts.[44][45] Chery started partnering withJaguar Land Rover (JLR) in March 2012, which was looking to produce cars in China through a mandatory 50-50 joint venturer with a local company.[46] The joint venture was formalised asChery Jaguar Land Rover in November 2012.[47] Its first product, aRange Rover Evoque, rolled off the production line in October 2014 from the newly built plant inChangshu, Jiangsu.[48] Chery also began manufacturinga revived version of the Moke under an agreement with JLR since 2013. Its design evokes the classicMini Moke built from 1964 until 1993.[49]

Chery was also involved with the establishment ofQoros, a joint venture formed in 2007 withKenon Holdings based in Singapore and owned by Israeli investors, and started selling the Qoros 3 sedan in 2013. Qoros was sold off in 2018, and faced bankruptcy in 2022.[50]

In 2014, Chery revived its multi-brand strategy by establishingCowin as a separate brand, which is positioned as a low-budget offering. The brand was partially sold in 2018.[35] Another brand that was established by Chery isExeed, which is positioned in the premium segment. The brand was introduced in September 2017 at theInternational Motor Show Germany inFrankfurt by showcasing the TXconcept vehicle.[51] The first production model from Exeed was theExeed TX/TXL mid-size SUV in March 2019.[52] In January 2018, Chery introduced another brand calledJetour at an event inBeijing, which focuses on "value for money" mid-size SUVs and targets Chinese families living intier-three and tier-four cities who travel often.[53]

Chery eQ1, the best-selling EV from Chery since its inception

Chery started early in producingelectric vehicles (EVs) by introducing its first EV in 2009, which is anelectrified version of the originalChery QQ. The company established an EV division calledChery New Energy in 2010.[54] Following this, Chery released theChery eQ in 2014, an EV variant of the second-generation QQ, and later launched theeQ1 in 2016.[50] The eQ1 went on sale in 2017, and became one of the most popular electric car in China until 2020, when rivals such as theWuling Hongguang Mini EV became available.[55] In June 2021, Chery produced its 200,000th eQ1.[56]

Rapid growth period

[edit]

Chery attempted to enter the US for the second time in February 2020,[57] when the company struck a deal with aCalifornia-based dealership group HAAH Automotive to sell Exeed and Chery Tiggo models in the country by 2022. The vehicles were planned be rebranded as Vantas and T-GO respectively, and would be assembled at an American plant using both domestic and imported parts.[58] The plans were cancelled in mid-2021 as HAAH filed for bankruptcy.[59]

In 2021, Chery announced the "Double 50" strategic plan that aimed to export 500,000 vehicles and to achieve an export revenue of US $5 billion by 2025.[60] The company ended up surpassing the plan by a large margin by exporting 937,148 vehicles in 2023.[9]

The company started entering or reentering markets in this period. Chery resumed operations in South Africa in late 2021 after years of absence.[61] In 2022, Chery entered the Mexican market asChirey due to trademark reasons, asMalcolm Bricklin held the rights for the Chery name in North America.[62] Other markets entered in 2022 included Malaysia, Indonesia, and Turkey.[63][64][65] Chery re-entered the Australian market in 2023, after briefly selling cars there in the early 2010s.[66] Its Exeed brand started sales in the Middle East in 2022.[67][68]

In 2023, Chery launched four new brands and several new product lines. In April, it launched a new brand callediCar which mainly sells electric SUVs that targets young customers, and the Sterra electric product line (Exlantix for export markets) under itsExeed brand. The company also started a partnershipHuawei under theHarmony Intelligent Mobility Alliance (HIMA), where Chery supplied HIMA with electric vehicles under the newLuxeed brand. Luxeed's first product is theLuxeed S7, which is the first car to have theHarmony OS 4 on board.[69][70]

Omoda andJaecoo global brand launch in Wuhu, Anhui

In April 2023, Chery launched another two new brands in a ceremony held inWuhu, Anhui calledOmoda andJaecoo. Both brands are only marketed outside China to support Chery's export strategy. The two brands combined (referred to as "O&J" brands) were targeted to reach annual global sales of 1,400,000 units by 2030.[71][72] Also in 2023, Chery also announced its new high-performanceplug-in hybrid platform marketed as "Chery Dual Mode" (C-DM) to be introduced into most of its models. The plug-in hybrid system became available in Chery vehicles carrying theFulwin sub-brand, Jetour vehicles under the Shanhai sub-brand, and Exeed vehicles.[73][74][75]

In January 2024, Chery has signed strategic cooperation framework agreements withNio to establish cooperation in battery standards,battery swapping technology, the construction of battery swapping service networks, and operation.[76]

In March 2024, Chery fully acquiredSoueast, a carmaker based inFujian that was a subsidiary ofFujian Motors Group.[77] The production facility of Soueast is used for producingJetour brand vehicles.[78]

In June 2024,Jaguar Land Rover (JLR) and Chery signed a letter of intent in electric vehicle cooperation. JLR will license theFreelander nameplate toChery Jaguar Land Rover to produce EVs based on an Exeed EV platform called the E0X. Freelander as a brand will be separate from JLR's 'House of Brands' portfolio or Chery's brand line-up. Freelander vehicles will be sold in China, with plans for global exports.[79] In November 2024, Chery established the FR Brand Division to lead the development and marketing of Freelander-branded models.[80]

In October 2024, South Korean manufacturerKG Mobility, formerly SsangYong Motor, signed an agreement with Chery to co-develop electrified vehicles for global markets. KG Mobility will receive the T2X platform developed by Chery.[81]

In October 2024, Chery Holdings Limited was reported to be considering listing its automobile division inHong Kong, with an estimated valuation of approximately US$7.1 billion (around RMB 50 billion).[82]

In April 2025, Chery launched its new hybrid system called Kunpeng Super Hybrid CDM/CEM.[83] In the same month, the company announced the revival of the Rely brand as its electric pickup line, offering ICE, BEV, EREV, and PHEV variants. Chery also introduced a new brand,Lepas, aimed at overseas markets, and introduced iCaur, the export market name of the iCar brand.[84][85]

In July 2025, Chery restructured its brand in the Chinese market by establishing four major divisions: the Exeed Division, the Tiggo & Arrizo Division, the Fulwin Division, and the QQ Division. Jetour, iCar, and Luxeed brands will continue to operate independently due to differences in market positioning and cooperation models.[86]

Stake restructuring and IPO

[edit]

In January 2025, to meet theIPO requirements for Chery, Chery Holding Group, the majority shareholder of Chery Automobile, completed a "shareholder downchain restructuring," distributing its 42.32% equity stake proportionally to its shareholders. Following this restructuring, the three major shareholders—Wuhu Investment Holding (Wuhu SASAC),Luxshare Precision, and Ruichuang (an employee stock ownership company)—now hold 21.17%, 16.83%, and 11.51% of Chery's equity, respectively. Among Chery's other shareholders, Anhui Credit Guarantee (9.97%) and Anhui Investment Holding (5.2%) are both state-owned entities under Anhui provincial government, while CATL (3.15%) andGotion High-tech (1.66%) are strategic partners from the industry chain.[87]

On 25 September 2025, Chery raised about US$1.2 billion in its Hong Kong IPO at HK$30.75 per share, valuing the company at nearly US$23 billion, with the stock rising over 11% on debut and marking it as one of Hong Kong's largest IPOs of the year.[88][89]

Following the IPO of Chery Automobile, Chery Holding no longer holds shares in Chery Automobile. Chery Holding currently only retains the commercial vehicle business and has no capital ties with Chery Automobile, effectively completing a spin-off.

Major stakeholders of Chery Automobile after 2025
Capital typeStakeholderPercentageNote
State-owned

(36.34%)

Wuhu Investment Holding21.17%Wuhu SASAC, Wuhu municipal government
Anhui Credit Guarantee9.97%State-owned financial institute byAnhui provincial government
Anhui Investment Holding5.2%Anhui SASAC,Anhui provincial government
Private

(21.64%)

Luxshare Precision16.83%
CATL3.15%
Gotion High-tech1.66%
Employee owned

(18.25%)

Ruichuang11.51%Employee stock ownership company, Yin Tongyue holds 87.49% of it. By penetration, Yin Tongyue personally holds 10.07% of Chery
Ruiheng3.37%Employee stock ownership company
Zhenrui3.37%Employee stock ownership company

Operations

[edit]

Chery's main production base in mainland China is located inAnhui.[90][91][92] As of 2007, the company had two auto-making production bases, two engine-making facilities, and atransmission production plant.[91] Another car-making production base located inDalian,Liaoning province, became operational in 2012.[92][93]

Research and development

[edit]

Chery invests around 7% of its total sales in research and development,[94] and, as of 2011, had over 4,000 patents.[95] It has R&D facilities inWuhu,Anhui province,[96] andChangshu,Jiangsu province.[97] Chery has cooperative agreements with many foreign component firms, including the AmericanArvinMeritor,[98] AmericanAutoliv,[99] AmericanDelphi Automotive,[99] the Australian company Futuris,[99] GermanRobert Bosch GmbH,[98] AmericanPPG Industries,[98] GermanSiemens VDO,[98] FrenchValeo,[98] and the AmericanVisteon.[100] Some have helped Chery establish a localsupply chain.[98]

Chery established a R&D center atRaunheim, Germany nearFrankfurt in 2018, which went operational in 2019 under Chery Europe GmbH. The facility employed around 30 to 50 people in its initial phase. In early 2024, Chery announced the expansion of the R&D center in Raunheim and will double the number of employees at the center to 120 by the end of 2024. The facility has gradually grown into one of Chery's most important R&D and design bases over the past five years.[101]

By late 2023, Chery had applied for over 29,000 patents.[37]

Design

[edit]

In 2012, Chery hired former General Motors designer James Hope.[102] FormerPorsche designer Hakan Saracoglu joined Chery's design team in 2013.[103] Saracoglu reshaped and guided the brand's design direction, steering it away from the budget perception associated with its popular Chery QQ.[104] In 2018, former Mazda Europe design director Kevin Rice joined Chery to lead its design centre in Raunheim, Germany.[105] Rice left the company in 2020 to join Pininfarina in Turin, Italy, and his position was replaced by Steve Eum, who hailed from General Motors and joined Chery in 2017.[106][107]

As of 2023[update], Chery has six design centers, including one inWuhu, two inShanghai, and another inRaunheim, Germany.[108]

Leadership

[edit]

Chairman

[edit]
  • Yin Tongyue (since 1997)

Executive Directors/CEOs

[edit]

Products and brands

[edit]
Main article:List of Chery vehicles

Chery

[edit]

Cars

[edit]
  • Chery QQ3
    Chery QQ3
  • Chery Arrizo 8
    Chery Arrizo 8
  • Chery Arrizo 5 Plus
    Chery Arrizo 5 Plus
  • Chery Arrizo 5
    Chery Arrizo 5

SUV

[edit]
  • Chery Tiggo 9L
    Chery Tiggo 9L
  • Chery Tiggo 9
    Chery Tiggo 9
  • Chery Tiggo 8L
    Chery Tiggo 8L
  • Chery Tiggo 8 Pro
    Chery Tiggo 8 Pro
  • Chery Tiggo 7 Plus
    Chery Tiggo 7 Plus
  • Chery Tiggo 7 High Energy
    Chery Tiggo 7 High Energy
  • Chery Tiggo 5x
    Chery Tiggo 5x
  • Chery Tiggo 5x High Energy
    Chery Tiggo 5x High Energy
  • Chery Tiggo 3x
    Chery Tiggo 3x
  • Chery Tansuo 06
    Chery Tansuo 06
  • Chery Omoda 5
    Chery Omoda 5

Pick-up

[edit]
  • Chery Himla (2025–present), export-only mid-size pick-up
  • Chery Himla
    Chery Himla

Chery Fulwin

[edit]
Logo of Chery Fulwin

Chery Fulwin (Chinese:风云;pinyin:Fēngyún) is a product line of Chery established in November 2023 to marketplug-in hybrid vehicles. Most Fulwin vehicles are based on Chery petrol vehicles with an additional plug-in hybrid system marketed as Kunpeng Super Performance Electric Hybrid C-DM. Chery Fulwin vehicles are distributed through separate dealership network.[112]

Chery Fulwin products will be divided into three series: A, T and M, representing sedan, SUV andMPV categories respectively.Extended-range electric andbattery electric vehicles are also planned.[113] Its first model, the Fulwin A8 sedan was available to pre-sale in December 2023.[114]

The Fulwin/Fengyun name was a model name used by Chery several times in the past, starting from the Fengyun sedan in 1999.[115][116]

Since 8 July 2025, Chery Fulwin was repositioned from a product series to an independent brand, positioning itself as a "global new energy luxury brand". After becoming independent, the new brand will belong to the newly established "Chery Brand Domestic Business Group" alongside Exeed, QQ, and Arrizo + Tiggo series.[117]

Products

[edit]
  • Chery Fulwin A8
    Chery Fulwin A8
  • Chery Fulwin A8L
    Chery Fulwin A8L
  • Chery Fulwin A9
    Chery Fulwin A9
  • Chery Fulwin A9L
    Chery Fulwin A9L
  • Chery Fulwin T8
    Chery Fulwin T8
  • Chery Fulwin T9
    Chery Fulwin T9
  • Chery Fulwin T9L
    Chery Fulwin T9L
  • Chery Fulwin T10
    Chery Fulwin T10
  • Chery Fulwin T11
    Chery Fulwin T11

Chery New Energy

[edit]
Chery New Energy Vehicle Technology Co., Ltd.
 
Company typeSubsidiary
FoundedApril 2010; 15 years ago (2010-04)
Area served
China
Key people
Mandy Xia (Senior Sales Manager)
ProductsAutomobiles
Chinese name
Simplified Chinese奇瑞新能源汽车技术有限公司
Hanyu PinyinQíruì Xīn Néngyuán Qìchē Jìshù Yǒuxiàn Gōngsī

Chery New Energy (Chinese:奇瑞新能源;pinyin:Qíruì Xīn Néngyuán) is a subsidiary of Chery established in April 2010 to produce and market electric vehicles.[54]

Products

[edit]
  • Chery Arrizo e
    Chery Arrizo e
  • Chery eQ1
    Chery eQ1
  • Chery eQ7
    Chery eQ7
  • Chery QQ Ice Cream
    Chery QQ Ice Cream

Exeed

[edit]
Main article:Exeed

Exeed (Chinese:星途;pinyin:Xīngtú) is Chery's premium brand for passenger vehicles, which was established in 2017.

Jetour

[edit]
Main article:Jetour

Jetour (Chinese:捷途;pinyin:Jiétú;lit. 'victory road') is Chery's SUV brand launched in 2018. The brand mainly produces mid-sizecrossovers andSUVs, targeting Chinese families living intier-three and tier-four cities who travel long-distance frequently.

iCar/iCaur

[edit]
Main article:iCar (marque)

iCar (iCaur outside China) is Chery's electric vehicle brand established in April 2023.[118] According to Chery, the brand targets younger people aged 25–35 who are pursuing new careers.[119] iCar started sales of its first vehicle, theiCar 03 SUV, in February 2024.[120]

Luxeed

[edit]
Main article:Luxeed
See also:Harmony Intelligent Mobility Alliance

Luxeed (Chinese:智界;pinyin:Zhìjiè) is Chery's premium electric vehicle brand in collaboration withHuawei underHarmony Intelligent Mobility Alliance (HIMA).[121]

Rely

[edit]
Main article:Rely (marque)

Rely brand was defunct during 2013–2025. In April 2025, Chery announced to revive Rely brand as its electric pickup brand, covering ICE, BEV, EREV, and PHEV variants.

Overseas brands

[edit]

Chery has several brands that are only used in overseas markets:Omoda,Jaecoo,Exlantix,Aiqar andLepas.

Omoda and Jaecoo were simultaneously introduced in April 2023 at an international dealership and journalist convention in Wuhu, Anhui, although Omoda has been selling vehicles in Russia since 2022.[71] Positioned above the Chery brand, Omoda and Jaecoo are part of Chery International, the company's export division. In Iran, the brands are known as Ecoda and Lucano respectively.

Exlantix, a brand consisting of rebadged Exeed Sterra electric vehicles, was introduced in Russia in March 2024.[122]

Aiqar, derived from the Chinese marketiCar brand, is an electric vehicle brand of Chery International that became available in countries such as Armenia, Georgia, Cambodia, Uzbekistan, and Curaçao. It sells rebranded versions of iCar and Chery New Energy models.[123]

Another brand called Lepas was introduced in April 2025.

Former brands

[edit]

Riich

[edit]
Main article:Riich

The Riich brand was discontinued in 2012.

  • Riich G3
    Riich G3
  • Riich M1
    Riich M1
  • Riich G5
    Riich G5

Engines

[edit]

The company produces and exported engines under the brandsACTECO and CAC. Chery engines have been bought byFiat and exported to the US.[91][124]

Partnerships

[edit]

Joint ventures

[edit]

Chery Jaguar Land Rover

[edit]
Main article:Chery Jaguar Land Rover

In March 2012, Chery and the UK-based luxury carmakerJaguar Land Rover (JLR) agreed to invest an initial US$2.78 billion in a new China-based joint venture that will sell and manufacture Jaguar and Land Rover vehicles and engines, as well as establish a research and development facility. It is the first JLR facility outside the UK that engages in full-scale production operations.[125] The joint venture received regulatory approval in September 2012.[126] A production base was built inChangshu, acounty-level city close to Shanghai.[127] The first Chinese-madeRange Rover Evoque rolled off the production line on 21 October 2014 from Chery Jaguar Land Rover's plant inChangshu, Jiangsu.[48]

In May 2025, JLR revealed that the Chery Jaguar Land Rover would cease to produce before the end of 2026 after the joint venture with lost $18.7 million in the 2024 fiscal year. The production of theJaguar XE,XF, andE-Pace would be ended in September 2025, and theRange Rover Evoque andLand Rover Discovery Sport would be ended by the end of 2026.[128]

Investments

[edit]

Kaiyi Auto (18% stake)

[edit]
Kaiyi Showjet
  • In 2014, Chery establishedCowin Auto as a subsidiary target at producing budget vehicles for young consumers.[129]
  • In 2018, following a restructuring of the Chery shareholding, part of Cowin was sold to the government ofYibin City through the subsidiaries Yibin Auto Industry Development Investment Co., Ltd. and Sichuan Yibin Pushi (PUSH) Group Co., Ltd. which took possession of 50.5% and 0.5% respectively at the price of RMB 2.5 billion. Chery retained a 49% stake.[130] The company's headquarters was moved toYibin,Sichuan and renamed to Yibin Kaiyi Automobile Co., Ltd.[131]
  • In 2022, Chery continued to reduce its shareholding in Kaiyi Auto and transferred it to the Yibin Municipal Government, which Chery retained a 18% stake.[132]

Ebro

Ebro S800
  • In 2024, Chery and Spanish manufacture EV Motor established a joint venture to assembly Chery vehicles under the revivedEbro brand at the Barcelona plant. In November 2024, assembly of theChery Tiggo 7 andTiggo 8 models began and the two models were renamed Ebro S700 and Ebro S800.[133][134]

Qoros(12% stake, defunct)

Qoros 3
  • In December 2007, Chery andIsrael Corporation foundedQoros as a joint venture at 50:50 under the name of Chery Quantum Automotive Corporation (CQAC), which later renamed to Qoros Auto in November 2011.[135]
  • In January 2021,Baoneng Group took over 63% of the shares in Qoros, leaving Chery with 25% andKenon Holdings (a subsidiary ofIsrael Corporation) with just 12%.[50]
  • In January 2026, Qoros applied for bankruptcy.[136]

Oversea collaboration

[edit]

In 2007,Chrysler planned a cooperation with Chery that would have seen theChery A1 sold as aDodge-brand car in the US and abroad.[90] The plan would have quickly increased the Chrysler small car stable, and the two companies participated in a signing ceremony in late 2007.[137] In early 2008, a similar deal was reached between Chrysler andNissan, however, and the Chrysler-Chery cooperation was abandoned.[138] Around the time of the 2009Chrysler Chapter 11 reorganization, Chrysler discussed the possibility of an asset sale with Chery, but this also fell through.[42] In the same year,Fiat and Chery signed amemorandum of understanding for the creation of a car-making joint venture. Intended to begin operations in 2009, it was to manufacture Fiat andAlfa Romeo-branded products for the Chinese market and be located inWuhu. The deal was put on hold in March 2009.[43] Since 2011, Fiat produced cars in China with local partnerGAC Group.[139]

In May 2011, Chery and Fuji Heavy Industries (currentlySubaru Corporation) had an agreement to establish a joint venture to manufactureSubaru vehicles in China. The plan was to establish a 30 billion yen plant in Dalian with initial annual capacity of 50,000 cars, that would expand to 150,000 units. Subaru vehicles has been imported to China since 2004.[140] The joint venture proposal was rejected by the ChineseNational Development and Reform Commission by September 2011, as the major shareholder of Fuji Heavy Industries,Toyota already has two joint ventures in China, which is the maximum amount allowed.[44] Later in May 2012, the proposal was rejected for the second time due to production "overcapacity" in the country.[45]

Chery also has automotive component-manufacturing joint ventures withArvin Meritor,Johnson Controls, andPPG Industries.[141]

In 2020, there were plans for Chery to buy a percentage ofTata Motors in order for Chery to gain entry into the Indian market, and in order for Tata Motors to receive vehicle platform and technology for cars such as the proposed Tata Blackbird.[142] However, due toCOVID-19 pandemic and the continuingpolitical tensions over the Chinese/Indian border, reports have indicated that the plans have been shelved.[143]

Robotaxi

[edit]

In July 2025,WeRide, a Chinese autonomous driving technology company, was granted a permit form the Shanghai municipal government to operate autonomous robotaxi ride-hailing services in partnership with Chery and Jinjiang Taxi, deploying fully driverless ride-hailing Robotaxis on public roads in the Pudong area.[144]

Chery Holding and commercial vehicle business

[edit]

Since Chery Automobile was listed in 2025, its commercial vehicle business and passenger vehicle business have been separated. The passenger vehicle business is now held by Chery Automobile, while the commercial vehicle business is held by Chery Holding, with no capital ties between the two. Currently, the Karry Auto, C&C Trucks and Chery & Wanda Buses are hold byChery Commercial Vehicle, the subsidiary of Chery Holding.

Karry Auto

[edit]
Main article:Karry

Karry Auto is a Chinese market only brand founded by Chery in 2009. It specializes in the production of light commercial vehicles and people carriers for passenger transport.

C&C Trucks

[edit]

C&C Trucks (联合重卡) is a joint venture by Chery Holding andCIMC that focuses on producing heavy duty trucks. It was first established on March 12th 2009, with the first trucks unveiled during the 2010 Beijing Auto Show in April 2010. In May 2013, C&C Trucks made the first batch of export products.[145] The current line up of tractor head models of C&C Trucks were launched in 2023, and the models include the Kylin series, the Optimus, and the C9. The C&C Trucks Phoenix series was unveiled in May 2025 featuring a shared visual design identity with the Karry branded light commercial vehicles.[146][147]

Chery Wanda Buses

[edit]

Chery & Wanda Buses is the division for buses, coaches, and commercial vans of the Chery Holding. The company was established jointly with Guizhou Wanda Bus Co., Ltd with the bus production base commenced in Xiaomeng Industrial Park in theGuiyang Economic Development Zone in 2011. In 2012 it was renamed to Chery & Wanda Guizhou Bus Co., Ltd. As of November 2023, it continues to be in charge of the production and sales of multiple models such as theRely H5 for export markets.[148]

  • Chery Wanda WD6105BEVG15 bus
    Chery Wanda WD6105BEVG15 bus
  • Chery Wanda WD6666BEVG03 bus
    Chery Wanda WD6666BEVG03 bus
  • Chery Wanda WD6757BEVRG01 bus
    Chery Wanda WD6757BEVRG01 bus

Chevoo

[edit]

Chevoo (骐蔚, Qiwei) is marque of Guizhou Ruiqi New Energy Automobile, a joint venture founded in 2021 between Chery Wanda Buses and government ofGuizhou at ratio of 49:51. Focusing on new energy commercial vehicles, the Chevoo products are mainly rebadged Karry models and electric heavy trucks. With the Changjiang No.5 and Changjiang No.6 being rebadged variants of theKarry Little Elephant EV, the Changjiang No.7 being a rebadgedKarry Porpoise, and Changjiang No.9 being a rebadged Karry Lingmi (零米).[149][150][151]

Overseas markets

[edit]
Chery export sales figures
YearExport sales
2014108,238[152]
201586,715[153]
201688,081[154]
2017107,727[155]
2018126,993[156]
201996,047[157]
2020113,762[158]
2021269,154[159]
2022451,337[160]
2023937,148[161]
20241,144,588[2]

Chery has been the largest Chinese automobile exporter. The company started its export operations well ahead of other Chinese manufacturers, making its first export to the Middle East as early as 2001. It became China's largest car exporter since 2003,[162] except in 2022 whenSAIC Motor briefly took the position.[163] As of 2024[update], Chery has been exporting cars to more than 80 countries and regions, with a total export volume of more than 1.7 million vehicles.Russia,South America and theMiddle East are its key export markets.[164]

Chery's export business started in October 2001 when a car dealership owner fromSyria spotted a Chery car on the streets ofBeijing, catching his interest. Following numerous inquiries, he learned that this car was the recently releasedfirst-generation Fengyun/Fulwin sedan. The dealer promptly visited Chery's headquarters in Anhui, aiming to meet current chairman Yin Tongyue, at that time an executive deputy general manager to discuss potential export collaboration. Eventually, Yin agreed to export 10 cars as a trial, which marks the beginning of Chery's venture into overseas markets. Subsequently, Chery started exporting cars in larger volumes to other regions.[18] Prior to 2012, unlike most larger Chinese carmakers, Chery lacked a joint venture with any foreign manufacturer. A 2009 report by theUS Congressional Research Service asserted that such joint ventures usually restrained overseas sales.[165]

In the following two decades, Chery's annual export sales remained at around 100,000 to 150,000 vehicles until a surge occurred in the early 2020s. From 2020 to 2023, Chery's export business experienced rapid growth, doubling to 937,100 vehicles in 2023 compared to the previous year, constituting 52 percent of its total sales.[18] That year, Chery ranked first in export volume among Chinese automobile manufacturers, surpassingSAIC Motor's passenger cars division which held the position in 2022.[101] Its overseas ventures were reported to be more lucrative than its domestic operations due to the larger margin per vehicle, with a significant portion of its over 30 billion yuan profit in 2022 coming from international markets.[166]

Chery claims to be the first Chinese manufacturer to export complete vehicles, CKD components, engines, and complete vehicle manufacturing technology and equipment abroad.[164] As of 2024[update], Chery has 10 production bases overseas which produce either complete or semi-completeknock-down kits, mainly in South America, the Middle East and Russia; they have also been expanding to Southeast Asia and Europe.[101]

Americas

[edit]

Brazil

[edit]
A Chery dealership inSão Paulo, Brazil, 2011

Chery has a production base inJacareí, Brazil, that began construction in July 2011,[167] in a joint effort with the government of the state of São Paulo.[168] The plant began operating in August 2014, with a first-phase production capacity of 50,000 units per year. In phase two, the plant would achieve an annual production capacity of 150,000 units. Models produced there were the hybrid-poweredCeler (since October 2014), theQQ (since the second half of 2015),[41]Tiggo 2 (since mid-2017)[169] andArrizo 5 (since October 2018).[170]

In 2017, the Brazilian automobile manufacturerGrupo Caoa bought 51 % of Chery's operation in Brazil. Since then, the vehicles in Brazil have been offered under the Caoa Chery brand. Caoa has been producing theTiggo 4 inAnápolis,Goiás in knock-down kit form since November 2018.[171] Between 2018 and 2023, the plant had produced the Arrizo 5, Arrizo 6, Tiggo 2, Tiggo 3x, Tiggo 5x, Tiggo 7 and Tiggo 8, totaling around 146,921 vehicles.[172] In August 2023, Caoa announced a R$3 billion investment in the Anápolis facility to expand and modernize the plant. It resulted in the opening of a second production shift in January 2024, which created 1,357 new jobs in total.[173]

In 2024, Chery will enter the Brazilian market independently without Caoa by using three brands: Omoda, Jaecoo, and Exeed. The company also plans to reactivate the Jacareí plant to produce cars from the three brands; the plant is currently owned by Caoa Chery and has sat dormant since February 2022.[174]

Mexico

[edit]
Omoda cars in a dealership in Mexico

In 2022, Chery entered the Mexican market asChirey.[175][176] An alternate form of the name was chosen due to American businessmanMalcolm Bricklin owning the Chery trademark in North America; he had planned to import Chery vehicles to the US and Canada in the 2000s.[62]

In May 2023, Chery introduced Omoda as its second brand in the country. The Chirey Omoda 5 was renamed the Omoda C5. Omoda will open 70 dealers across the country that will be shared with the upcoming Jaecoo brand.[177][178]

Uruguay

[edit]

Between 2007 and 2015, the Argentinian company SOCMA Group[179] manufactured Chery vehicles in the Oferol factory in Barra de Carrasco,Canelones, Uruguay.[180] TheTiggo was officially launched inUruguay in October 2007.[181][182] The plant was permanently closed as of May 2015.[183]

Venezuela

[edit]

First introduced to the country in mid-2006, Chery vehicles continued to be the only licensed Chinese car exports to Venezuela as of 2011, according to the company.[95] Opened in September 2011, a new Chery production site in the north-central state ofAragua, owned by the ZGT joint venture, produces theA1 andA3 models.[184]

Asia-Pacific

[edit]

Australia

[edit]

Chery vehicles first entered Australia in 2011, brought in by Australian distributorAteco.[185] Several models were introduced, including theJ1,J3 hatchback andJ11 SUV. The J1 became the cheapest car on sale in the country during its introduction atA$9,990.[186] In August 2012, Ateco recalled 2,250 Chery vehicles after the cars' engines and exhaust gaskets were found to containasbestos.[187] Ateco ended sales of Chery vehicles in 2015, citing Chery's shifting focus to its home market and communication difficulties with the headquarters.[188]

The brand re-entered Australia in 2023 under a subsidiary owned directly by Chery.[189] It purchased the "Gemini" trademark fromHolden / General Motors in 2022, although the trademark remains unused.[190] The first model it introduced is the Chery Omoda 5, which started deliveries in March 2023.[191] That year, the brand sold 5,890 vehicles in the market.[192]

Indonesia

[edit]

Chery models were assembled from knock-down kits and sold in Indonesia since 2006 until 2011 byIndomobil Group. Indomobil ended sales of Chery in 2011 due to low sales and recurring quality issues.[193][194] In 2022, the brand returned to Indonesia under direct factory-backed operations, and contracted PT Handal Motor Indonesia to assemble Chery vehicles in the country as of late 2022.[195][196] Chery started exporting vehicles from Indonesia to Vietnam since 2024.[197][198]

Iran

[edit]
The Fownix Tiggo 7 Pro, assembled byModiran Vehicle Manufacturing Company

In 2003, Chery signedCKD (completely knock down) agreements with Iran's SKT Company andModiran Vehicle Manufacturing Company, which involved a factory construction to assemble vehicles in the form of complete parts, which has lowertariffs than directly importing complete vehicles.[6] Manufacture from kits in Iran began in 2004.[199] In late 2007, Chery stated that it held a minority ownership in a joint venture with Iran Khodro and Canadian Solitac as its partners.[200] This joint venture controlled a knock-down factory inBabol,Mazandaran.

Malaysia

[edit]

In 2006, local manufacturerProton considered producing an MPV and an SUV model together with Chery in Malaysia, which are reported as theChery V5 and Chery Tiggo, respectively.[201][202]

By 2008, a factory assembling Chery models from kits opened inJohor Bahru,Johor through a 50–50 joint venture between local company Alado Corp Sdn Bhd and Chery.[195][203] Its first model was the Chery Eastar MPV, originally the V5 in China.[204] In 2012, Chery planned another factory that was expected to be built and operational in Malaysia by 2015.[205][206]

In 2023, the brand returned to Malaysia under direct factory-backed operations, and assembled vehicles atInokom's facility inKulim, Kedah since August 2023.[207] In 2024, Chery Malaysia announced that it will build a fully owned plant inShah Alam to complement production at Kulim, which would produce Jaecoo vehicles.[208] The first vehicle produced by the facility, a Jaecoo J7, rolled off the plant in June 2024.[209]

Pakistan

[edit]

Chery has entered into a manufacturing and licensing agreement withGhandhara Nissan of Pakistan.[210] The assembly of Chery SUVs in Pakistan commenced on 31 March 2022.[211]

Taiwan

[edit]

TheChery A3 was assembled since August 2009 inTaichung, Taiwan, by Shengrong Auto, a subsidiary of Prince Motors (Chinese:太子汽車;pinyin:Tàizǐ Qìchē), a Taiwanese car company.[212]

Europe

[edit]

Italy

[edit]
See also:DR Automobiles
2022 DR 5.0, a rebadgedChery Tiggo 5x in Italy

Since November 2007, Chery partners with fxDR Motor, a subsidiary ofDR Automobiles Group to assemble and distribute Chery vehicles in Italy under the DR brand.[213] According to a Chery representative, the company chose not to enter the European market directly at that time since theEuropean Union is a "sensitive" market and it "shall only consider entering the region when all conditions permit".[214] Some Chery vehicles are assembled at a facility inMacchia d'Isernia to be sold as DR Automobiles vehicles. The originalChery Tiggo was marketed as the DR5, while theRiich M1 became the DR1.[215] Later DR Automobiles added models developed byJAC andBAIC.[216] In 2022, DR Automobiles added a more "premium" brand called Sportequipe, which are also rebranded Chery vehicles.[217][218] In February 2023, DR Automobiles started selling its first electric vehicle, the DR 1.0, a rebrandedChery eQ1.[219]

Chery will enter Italy directly and separately from DR Automobiles by selling two brands, Omoda and Jaecoo, by the third quarter of 2024.[220][221][222]

Spain

[edit]
See also:Ebro (Chery)

Chery first entered the Spanish market in March 2024, introducing the Omoda 5 and Omoda E5 under the Omoda brand.[223]

In April 2024, Chery signed a joint venture deal with Spanish company EV Motors to build cars in a formerNissan factory inBarcelona, Spain. Nissan ended production in the plant in 2021, before handing the facility over to Spanish electric motorcycle maker Silence and local engineering groups QEV and EV Motors. Chery will start producing its Omoda vehicles at the plant first, while EV Motors will produce its own vehicles starting in the fourth quarter of 2024.[224]

Rest of Western Europe

[edit]

Chery plans to launch three brands in core European markets by 2026, with each brand launching three new models. Two brands, Omoda and Jaecoo, will be launched first in 2024, while the luxury brand Exlantix (a sub-brand ofExeed) will be launched in 2025.[101]

Russia

[edit]
Omoda C5 vehicles in transit inMoscow, Russia

Chery entered the Russian market in 2005.[225]Avtotor produced Chery models from kits from 2006 to 2008.[226]TagAZ also produced Chery vehicles, from 2008 to 2014, but they usually carried non-Chery badges such as "Vortex".[227] In 2020, Chery started selling Exeed vehicles in Russia.[228]

As a result of Western, South Korean and Japanese manufacturers leaving Russia due to theRussian invasion of Ukraine in 2022, Chery reported massive sales growth in Russia. In 2023, Chery was second only to the local Russian brandLada with annual sales of 119,000 vehicles with a local market share of 11.2 percent, accounting for 20 percent of Chery's overseas sales.[101]

In 2024, local manufacturerAvtoVAZ will produce the Chery Tiggo 7 Pro Max at a formerNissan assembly plant, now rebranded as the Xcite X-Cross 7. Despite local production, the Chery Tiggo 7 Pro Max will still be available in the Russian market as Chinese imports sold through Chery dealerships.[229]

Turkey

[edit]

In October 2009, Chery announced plans for an assembly plant in Turkey to be built in cooperation with the Turkish carmaker Mermerler Otomotiv at a cost of $500 million.[230][231] The plant is planned to have an initial capacity of 20,000 units per year, rising to 100,000 by 2017.[231] As of 2012, the plant has yet to commence production.[232]

Chery re-entered Turkey in late 2022 under its own direct investment, and started sales in March 2023 with three models, the Omoda 5, Tiggo 7 Pro and Tiggo 8 Pro.[233] In its first year of sales, Chery was able to sell 40,590 vehicles in the country, ahead of many established brands.[234]

In March 2025, the Turkish government announced that Chery's partners will make a US$1 billion investment inSamsun, Turkey for a manufacturing plant with a capacity to create 5,000 jobs and produce 200,000 vehicles a year. The project also includes a research and development.[235]

Ukraine

[edit]

Chery had a partnership withZAZ since 2006[236] and manufactured cars from kits at sites inZaporizhzhia andChornomorsk. Since February 2011, theChery A13 has been manufactured in Ukraine, where it isrebadged and sold in the country as a ZAZ Forza.[237]

United Kingdom

[edit]

Chery launched Omoda in the United Kingdom in May 2024 with the Omoda 5 and Omoda E5.[238] It shares its dealer network with Jaecoo, which was later launched in February 2025 with the Jaecoo 7.[239][240] That year, Chery launched its eponymous brand in August.[241] Chery's UK director, Victor Zhang, has said the company is considering opening a UK factory.[242][243] In January 2026, Chery announced plans to open aresearch and development facility inLiverpool that will serve as the European headquarters for its commercial vehicle arm, after reports emerged that Jaguar Land Rover could assemble Chery vehicles in its UK factories.[244][245]

Africa

[edit]

Egypt

[edit]
SperanzaChery A5 inSharm el-Sheik, Egypt

Assembly of Chery cars from complete knock-down kits began in Egypt in 2004 according to the company itself,[246] but news reports indicate that it only expressed initial interest in doing so that year.[199] As of 2011, some Chery models were sold in the country under the brand nameSperanza.[247][248] One Egyptian factory making Chery models from semi-complete knock-down kits had a 2009 production capacity of 30,000 vehicles/year.[249]

In 2011, Chery stated the parts localization ratio for Egypt was 45%.[95]

South Africa

[edit]

Chery started sales inSouth Africa in 2008, backed by local financial services company, Bidvest, and local car dealership company, Imperial. Several vehicles that was introduced include the QQ, QQ3, the J2 and J3 hatchbacks, and Tiggo TX. Chery left the market in 2018, and re-entered in 2022.[250] By 2023, it is the sixth best-selling brand in the country.

In April 2023, Chery introduced its Omoda brand in South Africa as a more "premium" offering.[251] The Jaecoo brand was added in 2024.[252]

In 2025, Chery announced that it would introduce 19 new energy vehicles (NEVs) in South Africa, throughout the year, as part of further expansion in the country. The first of these vehicles was unveiled at Auto Shanghai 2025. Jay Jay Botes, General Manager for Chery South Africa, stated that Chery believes that its Super Hybrid technology will become a key growth driver in markets like South Africa.[253]

In July 2025, as part of its expansion in the country, Chery South Africa announced that it had reached a sales volume that justified exploring the viability of establishing a manufacturing plant in the country. Chery confirmed it was in the second phase of a feasibility study to determine the viability of local manufacturing.[254] The feasibility study considered multiple production models, including semi-knocked-down (SKD) and completely knocked-down (CKD) kits, contract manufacturing, joint ventures, and a greenfield investment. The company further stated that, as part of the study, it was assessing the capability of local suppliers and ensuring compliance with regulatory requirements.[254]

In January 2026, Chery announced plans to acquireNissan’s vehicle manufacturing facility inRosslyn, South Africa, subject to regulatory approval. The transaction includes the site’s land, buildings and associated assets, including a nearby stamping plant, with completion expected in mid-2026. Under the agreement, the majority of Nissan employees at the facility were expected to be offered employment by Chery on substantially similar terms, while Nissan continued its sales and distribution operations in South Africa.[255]

Motorsport

[edit]

In 2010 and 2011, Chery competed in theDakar Rally. The four cars participating in the rally included twoRely X5 race SUVs, one X5 lead car and oneRely H5 support vehicle for emergency situations.[256][257][258]

In 2024, theTiggo 8 participated in theTaklimakan Rally on the T2 Production Vehicle class.[259]

In December 2025, Chery announced its plan to enter24 Hours of Le Mans under its Exeed brand by 2030.[260]

Etymology

[edit]

Yin Tongyue, a technical director proposed the nameQirui (Chinese:奇瑞) in 1998, which means'unexpected and auspicious'. Later, this name was romanized asChery (initiallyCheery during the 1999 brand launch).

Other proposed names includeJiuhua (Chinese:九华) after the localMount Jiuhua area, but the name was rejected by the Chinese industrial and commercial department because it was stipulated thattrademarks cannot be registered with place names.[6]

Controversies

[edit]

Copying

[edit]
TheChery QQ (left) andDaewoo Matiz (right)

In June 2003, American manufacturerGeneral Motors sued Chery accusing it of copying thefirst generation Daewoo Matiz (developed by a GM subsidiary,GM Daewoo) in its design for theChery QQ.[261] General Motors also claimed a disguised Matiz was used in a crash test in place of the Chery car.[262]

GM executives claimed design duplication with many parts interchangeable between the QQ and the Matiz,[21] and GM China Group stated the two vehicles "shared remarkably identical body structure, exterior design, interior design and key components."[263]

The earlyChery Tiggo was criticised for resembling the second generationToyota RAV4.[264] Other models using the Matiz technology found in the QQ include the closely relatedQQ6. The Eastar and its derivatives (V4, B12, and B22) are allegedly clones of theDaewoo Magnus.[265]

After mediation attempts failed, then-GM Daewoo (now known asGM Korea) brought a case against Chery in a Shanghai court, but by 2005jurisdiction had been moved[21] to the Beijing No.1 Intermediate People's Court.[266] Around that time Chinese state officials, including a vice-minister of commerce and a vice-director of the State Intellectual Property Office, publicly supported Chery. The State Intellectual Property Office has claimed that GM did not properly patent their technology.[266] In late 2005 the lawsuit wassettled.[262]

Sales

[edit]
Chery sales data by brand[267][268][269][270]
YearTotal[271]Chery AutomobileChery Holding
CheryExeedJetouriCarLuxeedCommercial vehicles
2010750,456750,456-----
2011729,497729,497-----
2012653,476653,476-----
2013561,062561,062-----
2014570,718570,718-----
2015575,108575,108-----
2016682,474682,474-----
2017604,708604,708-----
2018752,759540,233-40,007---
2019747,806605,60214,000128,204---
2020731,117586,44518,077126,595---
2021961,926656,94337,167154,035---
20221,232,727908,55351,142180,067---
20231,881,3161,341,261125,521315,1671,445899-
20242,603,9161,611,374140,959568,38765,96457,956-
20252,806,3931,700,940120,369622,59096,98990,493175,012[272]
Sales data of commercial vehicle business has been excluded since 2025 due to the IPO of Chery Automobile. Chery markets itself as "Chery Group", combining the Chery Automobile and Chery Holding's sales data. In reality "Chery Group" is not an actual legal entity but merely a marketing concept.
Chery group sales data by country[267]
YearGlobalChinaRussiaMexicoBrazilTurkeyEgyptChileSouth AfricaIsraelAustraliaIndonesiaUkraineArgentinaUruguayColombiaUAEIran
200385,349
200487,138
2005189,445
2006292,291
2007379,00137,120
2008334,80015,728
2009411,2314,922
2010750,456548,4448,909
2011729,497551,0726,624
2012653,476533,16119,004
2013561,062437,04419,855
2014570,718494,82418,1399,0973251,2975921,2313,7753,0595,0375,86029,449
2015575,108410,5914,9643,6303947462014464,5721,4374,7945,71632,730
2016682,474504,2474,7581,3628,17333319663,6704311,5733,51441,019
2017604,708455,7185,9053,5365,4776,43018477,027417865
2018752,759427,8115,6118,3534,6498,26116,152123798
2019747,806411,1796,35819,8245,5827,1781,6721,998480597
2020731,117450,78611,45219,4569,8447,0781,9741,319694429
2021961,926644,32240,874[273]39,73916,314[274]26,906[275]4,6531,144687
20221,232,727781,39052,1837,45035,03318,91824,9538,013593687836788
20231,881,316765,209206,03538,48431,29027,58710,20913,20416,11011,1275,8904,0991,143426900

See also

[edit]

References

[edit]
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  2. ^abc"快讯_汽车之家".www.autohome.com.cn. Retrieved1 January 2025.
  3. ^"海外产品使用-企查查".www.qcc.com. Retrieved5 May 2024.
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  6. ^abcdefg"【图】从小草房到国际化 中国品牌变迁奇瑞篇_汽车之家" [From small thatched cottage to international Chinese brand Chery Chapter].www.autohome.com.cn. 16 April 2016. Retrieved5 May 2024.
  7. ^ab"奇瑞ACTECO发动机月产3万 汽车出口万台-搜狐汽车" [Chery ACTECO engine produces 30,000 cars per month and exports 10,000 units].auto.sohu.com. 6 April 2007. Retrieved5 May 2024.
  8. ^"【图】同比增28.2% 奇瑞2022年销量达123万辆_汽车之家" [Chery's 2022 sales will reach 1.23 million units, up 28.2% year-on-year].www.autohome.com.cn. 6 January 2023. Retrieved16 March 2023.
  9. ^ab"奇瑞2023全年销188万辆 增长超52% 出口93.7万辆" [Chery's annual sales in 2023 are 1.88 million vehicles, an increase of over 52%, and exports are 937,000 vehicles].Sohu. 3 January 2024. Retrieved5 May 2024.
  10. ^"NEWS".www.cheryinternational.com. Retrieved22 September 2024.
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