Chery Receives a New Overseas User Every Two Minutes

Chery Automobile delivered a total of 348,302 vehicles in the first half of 2021, over 65,000 of which in May alone, marking an 84% year-on-year increase. The Chinese automaker witnessed an export-led growth rate of 256% above the previous record, adding a new overseas consumer every 2 minutes on average.

Chery had an excellent 2nd quarter in several markets. In Brazil, the carmaker hit a new monthly sales record in May, with a month-on-month increase of 24.3%, ranking 10th for the first time among automobile brands with a market share of 1.81%; with TIGGO5X remains the best-selling model in the country. In Chile, Chery achieved a new sales record in May, with month-on-month growth of 18.1% and a market share of 5.7%. Chery ranks fifth among automobile brands and continues to maintain a first-place among Chinese brands.

In Russia, the TIGGO7 Pro was the best-selling Chinese-branded SUV model in Q1, ranking first among SUVs for five months in a row. In Ukraine, Chery's market share rose to 4.44%, ranking eighth among auto brands and continuing to remain the first place among Chinese brands.

Chery brings products and services and technology, brand, and culture to more than 80 countries and regions with its presence. Chery's overseas factories create more employment opportunities for the local people and bring advanced technology, manufacturing process, and management mode to the local people, which strongly promotes local automobile manufacturing technology. At the same time, Chery actively integrates into the local culture and makes its brand more popular in the Philippines, Chile-Ecuador, and other countries under sports culture marketing.

In the future, Chery will continue to explore the existing markets further, and accelerate the development of new markets in right-hand-drive regions, Africa and the European Union, to continuously enhance the competitiveness of Chery in overseas markets. According to the double 50 strategy of Chery, it will achieve the strategic target of exporting 500,000 vehicles with export volume reaching 5 billion US dollars by 2025.

Chery overview
Chery, founded in 1997, is a China-based automotive brand with global influence. Chery has established a research and development team of more than 5,500 people through five global research and development bases, and has the most powerful research and development strength of engine, transmission, chassis and other core technologies among Chinese automobile brands. Chery is also the first Chinese automobile company to export vehicles, CKD parts, engines and vehicle manufacturing technology and equipment to the world. Up to now, Chery has exported its vehicles to more than 80 countries and regions, and has set up 10 overseas factories, more than 1,500 overseas dealers and service outlets, with nearly 9.4 million users worldwide, ranking first in the number of passenger cars exported from China for 18 consecutive years.