Chery's Global Sales Grew 38% in 2024, Reaching 2.6 Million Cars

Key Highlights

• Chery's global sales reached 2.60 million cars in 2024, marking a 38.4% increase from the previous year.

• The company’s revenue grew by over 50%, totaling 480 billion.

• Chery remained China’s top passenger car exporter for 22 years, with 1.14 million units shipped.

• Sales of new energy vehicles (NEVs) increased by 232.7%, totaling 583,569 units.

• Chery's Tiggo 2 reached a production milestone of one million units, and the Tiggo 7 hit one million exports.

Group achieved a record-breaking year in 2024, selling over 2.6 million cars globally—a 38.4% increase from the previous year. The company's revenue grew by over 50% to 480 billion, driven by a 150 billion rise.

For the 22nd year in a row, Chery remained the top Chinese passenger car exporter, shipping 1.14 million units—up 21.4%. Sales of new energy vehicles (NEVs) soared 232.7% to 583,569 units, the fastest growth among major automakers.

In December alone, Chery sold 298,505 cars, a 38.4% year-on-year rise, while plug-in hybrid (PHEV) sales topped 100,000 units, increasing 31.9% from the previous month.

Milestones & Global Expansion

Chery marked major achievements in 2024, producing 15 million cars across its five global plants. The Tiggo 2 reached a milestone of one million units, while the Tiggo 7's one-millionth export highlighted its global success.

A key milestone was Chery's first European joint venture plant with Spain’s EV MOTORS. This partnership revived the iconic EBRO brand, strengthening Chery’s global presence.

Recognition & Awards

Chery received top awards in markets like Brazil, Egypt, and Indonesia. It also debuted on the Fortune Global 500, led China’s Globalization Top 50, and ranked in Fortune China’s ESG Impact list.

Focus On Sustainability

Chery remains committed to sustainability, advancing green mobility with innovative energy solutions. It aims to improve the safety, efficiency, and intelligence of its PHEVs for a smarter, eco-friendly future.

Chery In The Middle East

In Bahrain, Chery stands strong as part of the Motorcity lineup, gaining consumer trust with its innovative designs and high-quality vehicles.

Chery Brands In The UAE

• Chery Automotive
• Jetour
• Exeed
• Kaiyi
• iCar
• Omoda & Jaecoo
• Soueast
• Karry (Commercial Vehicle)

Soueast recently debuted in the UAE, introducing three SUVs. Meanwhile, Chery’s 2024 achievements have reinforced its global leadership and commitment to sustainable mobility.

Verdict

Chery’s impressive growth in 2024, record-breaking sales, and global milestones highlight its strong market presence. With a focus on innovation, sustainability, and expansion, the brand is set to shape the future of the automotive industry.