- Product Diversity and Commitment to Electrification
- Strong Sales Performance and Increasing Exports
- Growing Global User Base
- Expansion Plans and Financial Strategy
- Strong Financial Results and Advanced Technology
In a historic move that strengthens the position of the Chinese automotive industry on the global stage, Chery, a leading car manufacturer, announced it is close to achieving a new record by surpassing 5 million exported vehicles, becoming the first Chinese company to reach this milestone in the history of China's automotive industry. This announcement came during Chery’s participation in the 2025 Hong Kong International Auto Show and Supply Chain Exhibition, where Yin Tongyue, Chairman of Chery, revealed that the company is expected to reach this number by around June 20, 2025, reflecting the company’s rapid growth and global expansion.
This is Chery’s first participation in the Hong Kong Auto Show, where the company plans to officially launch its vehicles in the Hong Kong market this year, a strategic step to enhance its presence in global markets and expand its customer base.
Product Diversity and Commitment to Electrification
At the exhibition, Chery showcased a diverse range of 12 new energy vehicles (NEVs) across seven sub-brands, including Chery, Exeed, Jetour, iCar, Luxeed, Omoda, and Qiku. This wide variety of models reflects the company’s commitment to meeting various mobility needs, from daily use to off-road adventures, with a clear focus on transitioning to electric and hybrid vehicles.
Strong Sales Performance and Increasing Exports
From January to May 2025, Chery Group’s sales rose significantly, reaching 1,026,517 vehicles, a 14% increase compared to the same period last year. Sales of new energy vehicles surged by an impressive 111.5%, totaling 287,798 units, confirming the success of the company’s strategy in the electric vehicle sector.
On the export front, Chery shipped 443,940 vehicles during the same period, reinforcing its position as China’s largest car exporter. This means the company exports one vehicle every 29 seconds, a figure that reflects the strength of its logistics network and global demand for its products.
In May 2025 alone, the company sold 205,732 vehicles, a 9.1% increase, including 191,567 units produced by Chery Automobile, up 7.2%. New energy vehicle sales in May reached 63,169 units, up 47.7%, while exports for the month totaled 100,737 vehicles, a 7.7% increase.
Growing Global User Base
By the end of May 2025, the number of Chery vehicle users worldwide exceeded 16.7 million, with more than 4.94 million users in overseas markets, reflecting the brand’s expanding presence and increasing acceptance across continents.
Expansion Plans and Financial Strategy
To strengthen its financial and logistical position, Chery has applied for listing on the Hong Kong Stock Exchange, aiming to leverage the city’s status as a global hub for finance, innovation, and human resources. The company also plans to explore establishing a manufacturing base in Hong Kong, enhancing its ambitions for global expansion and advanced manufacturing.
Strong Financial Results and Advanced Technology
Chery announced revenues of 182.15 billion yuan (approximately 25.1 billion USD) and net profits of 11.31 billion yuan (about 1.56 billion USD) during the first three quarters of 2024, reflecting the company’s strong financial performance.
At the exhibition, Chery showcased advanced technologies including the Kunpeng Tianqin engine with 48% efficiency, a high-speed electric motor reaching up to 30,000 RPM, and smart products like the “Mogo” robot. Officials confirmed that proceeds from the upcoming public offering will primarily support research and development in new energy vehicles and expand overseas markets, underscoring the company’s long-term commitment to technology-driven growth.
Chery’s achievement and ongoing expansion confirm that it is not merely a local player but a global force in the automotive industry, especially in electric and sustainable mobility. Surpassing 5 million exported vehicles highlights the company’s leadership in exports and technology, with a clear vision for the future as it invests in innovation and global expansion to meet the growing international demand for electric vehicles.