Chery has a sales target of 4 million vehicles in 2024

According to Zhidian Travel, it was learned from within Chery Automobile Group that the group’s sales target this year is 2 million vehicles and will double to 4 million vehicles next year. This scale will make Chery one of BYD’s biggest competitors in the future.

According to reports, according to the plan, Chery Group’s four major brands of Chery, Jietu, Xingtu and iCAR will launch more than 10 new energy models in 2024, including Fengyun A8 and Fengyun A8 Pro, Fengyun T6, Fengyun T9, Fengyun T11, Xingyun Tuxing Era ET, Jietu Shanhai L6, iCAR GT, etc.

Yin Tongyue, Secretary of the Party Committee and Chairman of Chery Holding Group Co., Ltd., said at the 2023 Chery Technology DAY: We started early and worked late in the new energy field, but now we must ensure that latecomers take the lead. We are already ready in terms of new energy and intelligent connected vehicles, so next year we are very confident that our ranking in the new energy industry will not be as polite as this year, and we will definitely enter the top position in the country. Of course, we are definitely not relying on losses in the field of new energy in exchange for sales. This is something we do not do.

Chery Group’s move may be based on its recent strong sales growth. As at the end of October this year, Chery Automobile Group had sold more than 1.45 million vehicles, a year-on-year increase of 41.6%, of which 200,000 vehicles were sold in a single month in October, setting a record high.