Chery Group’s sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

Chery Holding Group (hereinafter referred to as “Chery Group”)’s latest sales “semi-annual report” shows that from January to June, the group sold a total of 325,000 vehicles, of which 285,000 were self-owned brand models, a year-on-year increase of 8.5%. Going up against the trend.

Chery Group's sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

Chery Group's sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

Chery Group's sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

Observing Chery Group’s various brands, the performance in the first half of the year was “remarkable”. Since the beginning of this year, Chery Automobile has actively responded to the policy of implementing the National VI emission standards across the country. The two main products of Arrizo and Tiggo have all achieved vertical switching. The newly launched new generation Tiggo 8, Tiggo 5 x HERO, and Ze “Gemini” PRO version and other star models have reached the National VI emission standards, and domestic sales have grown steadily. Chery’s new energy vehicles achieved a growth rate of 10.1%. The star model “Little Ant” ushered in the 100,000th vehicle off the assembly line 28 months after its launch. pure electric vehicles; the new energy Arrizo 5e was exported to Central and South America for the first time. Chery Holdings Jietu product series continued to consolidate its advantages with the three models of X70, X70S and X90. The cumulative sales volume in the first half of the year was 55,000 vehicles. In March, it completed the export of the first batch of complete vehicle orders and successfully entered the overseas market. Special-purpose vehicles, RVs, logistics vehicles and other products under Chery Holding Group also made full efforts, driving the sales of the group’s commercial vehicle sector to achieve a rapid growth of 90.2%.

Chery Group's sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

Chery’s self-developed 1.6TGDI direct-injection turbocharged engine

The tenacity of Chery’s steady development stems from its long-term adherence to “technology-based enterprise” and the building of systematic capabilities. Today, Chery has firmly grasped the main core technologies of the automobile industry, starting from engine technology, to automatic transmission, chassis, engine management system, platform technology, etc., step by step to fill in the gaps, and constantly break the technological monopoly. In recent years, Chery has further expanded into new energy, Internet of Vehicles, intelligence, and sharing technologies. Up to now, Chery has accumulatively applied for 17,899 patents and obtained 11,513 authorized patents, ranking in the forefront of China’s auto industry.

Chery Group's sales of 325,000 self-owned models in the first half of the year bucked the trend and increased by 8.5%

The picture shows the scene of the “2019 Chery Lion Ecological Alliance Conference”

In the prospective field of exploring future smart mobility, Chery has completed the research and development of the first and second generation of unmanned driving products, and plans to achieve L3 conditional autonomous driving in 2020 and L4 highly autonomous driving in 2025. At the “2019 Chery Lion Ecological Alliance Conference” hosted by Chery not long ago, nearly a hundred well-known Internet, technology companies, and companies related to the automotive industry chain reached an agreement on “Chery Lion” with Chery’s intelligent strategic brand “CHERY LION” as the core. Alliance” agreement. In the future, members of the “Alliance” will jointly overcome difficulties in the fields of mobile travel, smart cities, 5G applications, car networking user services, smart car network information security, etc., and expand the “ecosystem” of smart travel.

It is understood that with the automobile value chain as the core, today’s Chery Holding Group has developed into a diversified holding group with business sectors such as automobiles, auto parts, finance, shipping, real estate, and modern services. In 2017 and 2018, the annual sales revenue of Chery Group exceeded 100 billion yuan successively. Up to now, the Group’s core automotive business has achieved a cumulative sales of 7.5 million vehicles, and exports have exceeded 1.5 million, ranking first in China’s passenger vehicle exports for 16 consecutive years.