In a monumental year, Chery Group solidified its position as China’s leading passenger car exporter for the 21st consecutive year, achieving remarkable milestones in 2023. The company reported annual sales of 1,881,316 units, marking an impressive 52.6% year-on-year growth, surpassing the industry growth rate.
Notably, Chery Group exported 937,148 vehicles in 2023, showcasing a phenomenal 101.1% year-on-year growth and securing its title as China’s top passenger car exporter for an unprecedented 21 years in a row. December alone witnessed a monthly sales volume of 215,690 units, leading to a remarkable “twelve consecutive increases” in sales throughout the year.
The global automotive user base of Chery Group has now exceeded 13 million, with 3.35 million users located overseas, emphasizing the company’s global reach and influence.
Chery’s strategic focus in 2023 encompassed various segments, introducing innovative products like the Tiggo 8 Pro Plug-in Hybrid, Tiggo 7 Pro Plug-in Hybrid, and eQ series, contributing to the comprehensive range of “New Energy and Conventional Fuel” vehicles. Collaborating with main models such as the Tiggo 8 series, Tiggo 7 series, and Arrizo 8, Chery drove sustained and rapid growth in sales.
Underlining its commitment to values like “Green, Technology, Family, and Companionship,” Chery’s global strides in 2023 resulted in increased brand influence. The company secured the top position in the automotive category in the “2023 Chinese Global Brand Builders Top 50” jointly released by Google and Kantar. Chery actively engaged in corporate citizenship initiatives, responding swiftly to the 7.8-magnitude earthquake in Turkey and contributing significantly to international children’s education projects through donations to UNICEF and collaborations with WWF.
In 2023, Chery steadfastly pursued technological innovation, unveiling the QPower architecture at the Qatar GIMS, representing 26 years of accumulated power technology. QPower covers mainstream power forms like ICE, PHEV, BEV, and hydrogen power, providing energy advantages such as “strong and swift,” “efficient and green,” and “high-energy and intelligent.” Chery’s Tiggo 8 Pro Plug-in Hybrid and Tiggo 7 Pro Plug-in Hybrid made waves at the Qatar GIMS, attracting international attention.
Chery’s commitment to technology was further highlighted during the second consecutive “Chery Tech Day,” where the company showcased achievements in intelligent hybrid architecture, batteries, electric propulsion, and more. With over 140 established and under-construction technology laboratories, Chery aims to create high-quality products with advancements in safety, space, energy consumption, intelligence, and ecology.
Maintaining its reputation for quality, Chery ranked first among self-owned brands in the “2023 China Initial Quality StudySM (IQS)” released by J.D. Power. The company’s collision testing lab set a new record by conducting 532 vehicle collision tests in 2023, with the Tiggo 7 Pro achieving a five-star rating in the Australian A-NCAP.
Entering 2024, Chery Group remains focused on surpassing industry growth rates, aiming for greater achievements than in 2023. The company continues to develop high-quality products, emphasizing “Brand Upward, Market Outward, Technology Forward, and Industry Toward the Entire Value Chain.” In the coming year, Chery plans to launch a series of new PHEV and BEV models in multiple markets, incorporating cutting-edge technologies such as the new generation DHE/DHT, artificial intelligence, autonomous driving, and an intelligent cockpit, thereby reinforcing its commitment to technological innovation and excellence.
