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[BUSINESS] · China · 2 sources

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Chery Group reports record export growth and rising NEV sales

Chery Group reported strong sales performance for September and the first three quarters of the year, driven by a significant surge in exports and New Energy Vehicle (NEV) sales.

In September, the group sold 292,308 vehicles, a 4.2% year-on-year increase. Monthly exports reached 207,814 units, marking a 51% annual growth and the second time this year that monthly exports exceeded 200,000 units. For the first nine months of the year, cumulative exports rose 65.6% to 1,551,178 units, surpassing the total export volume for the entire previous year.

The NEV segment continues to show rapid growth, with September sales reaching 133,310 units, up 45.6% annually. This marks the sixth consecutive month that monthly NEV sales have exceeded 100,000 units. Over the first three quarters, Chery sold 858,524 NEVs, a 46.1% increase, positioning the group among the top three players in the domestic wholesale market and among the top five globally in this sector.

Total cumulative sales for the first three quarters reached 2,206,789 vehicles, a 9.9% increase from the previous year. Chery's global customer base has grown to over 20.73 million, including more than 7.39 million users in international markets.

Entities

Chery Group