Industry dynamics

Chery Holding's export volume up 9.3% YoY in Feb.

Publishtime:2024-03-19 16:36:35 Views:93

Chery Holding is one of the few local automakers that achieved positive year-over-year growth regarding February sales, especially in its new energy vehicle sector, according to Chery Holding’s report on March 10th. 

Chery Holding's export volume up 9.3% YoY in Feb.

Chery QQ Ice-cream; photo credit: Chery Auto

In February, Chery Holding sold 60,419 vehicles in total, jumping 26.4% from a year ago. In the first two months of 2022, its cumulative sales volume amounted to 147,459 vehicles, up 17.3% from the earlier year.

To be specific, Chery Auto saw a 31.4% year-over-year jump in its February sales, with 44,396 vehicles sold. The EXEED brand sold 3,551 vehicles, almost tripled from a year ago. 

In the second month of 2022, Chery Holding’s new energy vehicle sector saw an impressive 446.9% year-on-year soar in its monthly sales volume, with 10,702 vehicles sold. In the past two months this year, the group sold a total of 31,337 new energy vehicles, indicating a 235.6% surge compared to a year ago.

In February, the auto group exported 19,997 vehicles overseas, representing a 9.3% increase year on year. During the first two months this year, its cumulative export volume grew 33.9% from the previous year to 46,897 vehicles. Up to now, Chery Holding has established six R&D bases, ten overseas factories, and over 1,500 dealerships and service stations worldwide. The designed offshore production capacity of the group summed up to 200,000 vehicles per year.