Chery Group July new energy vehicle sales hit a new high again, reaching 129,067 units, with a year-on-year increase of 97.5%, approaching a doubling. From January to July, Chery Group cumulatively sold 604,305 new energy vehicles, a year-on-year increase of 42.3%, breaking 100,000 units in a single month for four consecutive months. According to data released by the China Passenger Car Association, Chery has ranked in the top three in the industry for new energy wholesale volume for four consecutive months.

Scaled development enters a boom period, ranking in the top three in the industry for wholesale volume for four consecutive months

From stabilizing at 100,000 units to successively breaking through 110,000 and 120,000 units, and then approaching 130,000 units, Chery Group new energy vehicles maintain high-speed growth, and scaled development has entered a boom period. So far this year, Chery Group has cumulatively sold over 604,000 new energy vehicles.

According to the July passenger car main manufacturer new energy wholesale volume sales bulletin released by the China Passenger Car Association, Chery ranked third in the industry. Thus far, Chery has ranked in the top three in the industry for new energy wholesale volume for four consecutive months this year.

New energy transformation accelerates, domestic penetration rate exceeds 60%

New energy has become a new label for Chery Group. In July, Chery Group's total sales were 276,820 units, of which new energy vehicle sales were 129,067 units, and the overall new energy penetration rate steadily climbed to 46.6%.

New energy is already the absolute main force of Chery Group in the domestic market. In July, Chery Group's domestic new energy sales were 46,044 units, with a new energy penetration rate of 62.0%. For every three vehicles sold by Chery Group in the domestic market, two are new energy.

Figure: Fengyun A9

Figure: New QQ3

New energy is also an important growth pole for Chery Group's expansion into overseas markets. From January to July, Chery Group's new energy exports grew by 175.7% year-on-year, more than double the overall export growth rate. In the first half of the year, Chery sold 86,000 new energy vehicles in Europe, a year-on-year increase of 385%, accounting for about half of the sales in Europe, meaning Chery's new energy penetration rate in Europe is already around 50%.

Hit product matrix formed, winning global user love

More and more global users are choosing Chinese new energy products, choosing Chery new energy vehicles. Chery has currently formed a new energy hit product matrix both domestically and overseas:

In the domestic market, the new QQ3 broke 10,000 sales for four consecutive months; Fengyun A9 pre-orders exceeded 31,000 units in 15 days; iCAR V27 firmly held the monthly sales champion in the 200,000-level extended-range SUV segment; the high-end new energy MPV Luxeed V9 delivered over 10,000 units in a single month.

In the overseas market, JAECOO 7 topped the UK monthly all-market sales first place, JAECOO 5 was the champion in the Australian BEV small SUV market, Indonesian and Thai BEV markets, iCAR V23 took the first place in the box-style SUV sub-segments in South Africa, Thailand, and Nepal.

Luxeed V9 single-month delivery exceeded 10,000 units

Figure: JAECOO 7 New Energy Vehicle Model

Consolidating the "Battery Pillar", building a strong new energy safety and charging foundation

The dual growth of sales and penetration rates cannot be separated from the continuous breakthrough of new energy core technologies. Chery's "Battery Pillar" is being continuously consolidated. Currently, Chery's battery layout covers two material systems: ternary lithium and lithium iron phosphate, three cell structures: short blade, prismatic, and large cylindrical, and three product series: dedicated hybrid, dedicated pure electric, and dedicated solid-state. Chery's Rhino solid-state battery cell energy density has reached 400Wh/kg, aiming for 600Wh/kg. By the end of 2025, Chery Rhino battery-equipped vehicles have cumulatively driven over 1.2 billion kilometers, with the highest single vehicle at 160,000 kilometers, delivering a market report of "0 spontaneous combustion, 0 battery safety incidents".

Chery has won continuous authoritative recognition in the battery safety field. In July, at the National New Energy Power Battery Safety Warning Algorithm Competition hosted by the Technical Innovation Center of the State Administration for Market Regulation, Chery Group won three first prizes in both ternary lithium and lithium iron phosphate tracks; meanwhile, it passed the industry's first six-vehicle major serial extreme tests implemented by the China Automotive Technology and Research Center, verifying safety capabilities in extreme environments.

Figure: Fengyun A9 undergoing whole-vehicle six major serial extreme tests

Battery safety is the bottom line, while charging efficiency is key to user experience. Chery's "Xunlong Instant Charge" energy technology is promoting the transformation of new energy vehicles from transportation tools to mobile energy nodes; Rhino batteries support charging for 8 minutes with a range of 500 kilometers, ready to set off after a cup of coffee. Chery plans to build over 20,000 charging stations supporting V2G functionality before 2029.

From ranking in the top three in the industry for new energy wholesale volume for four consecutive months to domestic penetration rate exceeding 60%; from a complete hit product matrix both domestically and overseas to continuous battery technology breakthroughs, Chery Group is entering the fast lane of brand elevation with a high-quality new energy transformation.

In the first half of 2026, competition in the automotive industry continued to intensify, and market structures accelerated iteration. Chery Group, relying on clear strategic layouts, deep independent technology accumulation, and a mature global operation system, achieved comprehensive breakthroughs in four dimensions: sales scale, quality reputation, globalization progress, and frontier technology layout. It continuously achieved landmark results such as record-breaking sales figures, industry-recognized quality certifications, global production and sales milestones, and a spot on the Fortune Global 500 list, delivering a highly valuable report on high-quality development for the first half of the year with stable growth resilience, leading business performance, and diversified technology layout.

From the perspective of market sales volume, in the first half of 2026, Chery Group's cumulative vehicle sales reached 1.3575 million units, a year-on-year increase of 7.7%, refreshing the highest sales record for the same period since the brand's establishment and solidifying its status as a top-tier independent brand. Behind the outstanding data, exports and new energy businesses form the core dual engines driving growth, becoming Chery's core advantage distinguishing it from most peers. In the first half, Chery's total overseas export volume reached 943,800 units, a significant year-on-year increase of 71.5%. On average, one Chery vehicle is shipped to various global destinations every 17 seconds. Relying on solid product strength, the brand continued to achieve breakthroughs in market share in global high-regulation standard markets such as Europe, the UK, and Australia. Currently, Chery's global overseas user scale is approaching 7 million, accounting for 35% of the brand's total user base. The overseas market has become the core foundation supporting the brand's long-term development.

At the level of going global model, Chery has long moved beyond the primary trade mode of simply exporting vehicles, building a unique 'Integrative Going Global' paradigm. Currently, Chery has laid out six core overseas manufacturing nodes in Spain, South Africa, Brazil, Russia, Thailand, and Iran, building a localized production network covering key global markets. Among them, the Spain EBRO plant deepens into the European local market, and the South Africa Roslyn plant takes over the capacity of a century-old automotive manufacturing base. All major overseas factories adhere to deep localization operations, hiring a large number of local employees, cultivating local upstream and downstream supply chains, complying with local regulations, and implementing various public welfare projects. They abandoned the simple replication of domestic factory expansion ideas, achieving a model upgrade from 'simply selling cars' to 'rooting locally and co-developing', providing replicable and referenceable industry samples for the globalization development of Chinese brands.

At the level of product and service quality, Chery achieved a landmark industry breakthrough in 2026, sweeping first place in four core research independent brand categories of J.D.Power New Car Quality IQS, Product Appeal APEAL, Purchase Experience PXI, and After-sales Service CSI. It became the first domestic automotive enterprise to achieve the 'Grand Slam' of this evaluation. The four authoritative evaluations cover vehicle factory quality, driving product experience, terminal purchase service, and after-sales maintenance full life cycle. Leading evaluation results in all dimensions fully verify Chery's long-term adherence to the quality manufacturing system implementation, achieving a benign development pattern of 'steady sales growth and simultaneous consolidation of reputation'. Meanwhile, Chery's frontier intelligent industry layout has yielded results. Its Moji Robotics business has completed global scaled implementation. Products have entered more than 60 countries globally, covering hundreds of commercial and industrial scenarios. Until the first half of the year, global cumulative sales exceeded 2,000 units. The humanoid robotics business has officially become Chery's new technology going global business card, marking Chery's transition from a traditional complete vehicle manufacturing enterprise to a multi-track technology group.

From the first half of 2026 to July, Chery continuously welcomed two key milestones worthy of being recorded in the brand's development history. The first milestone was reaching a global cumulative sales breakthrough of 20 million units on July 25. Looking back on the 29-year development process, Chery has always stuck to the independent R&D route, breaking industry inherent prejudices such as 'no joint venture, difficult to develop' and 'low volume cannot independently develop core technology', paving a completely independent and controllable Chinese automotive development path. 20 million units is not the end of development, but a brand new starting point. Currently, Chery has simultaneously laid out frontier tracks such as high-level intelligent driving, flying cars, embodied intelligence robots, '3G Strategy', and even controlled nuclear fusion. It continues to break the industry boundaries of traditional car companies, evolving steadily into a global high-tech group.

Another heavyweight milestone is Chery Automobile successfully listing on the 2026 Fortune Global 500 list as an independent listed company entity, ranking 383rd, and also being the only complete vehicle enterprise newly listed in mainland China this year. At the level of business performance, Chery's Return on Equity (ROE) exceeded 36%, ranking 30th globally among this year's Fortune 500 enterprises, and first among all listed Chinese enterprises. Different from many enterprises that rely on revenue volume to be listed, Chery listed this year as an independent listed entity, reflecting the comprehensive maturity of the enterprise's modern governance system and market-oriented operation mechanism. It further broke the single evaluation standard of the industry competing only on production and sales scale, proving that besides scale growth, Chery simultaneously possesses industry-leading profitability and efficient asset turnover capabilities, completing the key strategic turnaround from simple scale expansion to high-quality benefit growth.

The accumulation of multiple outstanding results fully demonstrates Chery's all-round, multi-level comprehensive competitiveness in the first half of 2026. Standing at the six-month development node, relying on a huge global user base, perfect overseas manufacturing network, industry-leading quality endorsement, and diversified frontier technology reserves, Chery's growth momentum continues to be sufficient. In the second half of the year, Chery will continue to amplify the dual growth curve advantages of exports and new energy, relying on 20 million global user accumulation and Fortune 500 platform momentum. It will continuously deepen independent core technology innovation, deepen global localization ecological layout, steadily promote the construction of a global high-tech group, continuously consolidate the foundation of high-quality development of independent brands, and convey the core force of Chinese automotive industry upward breakthrough to the global market.

On July 25, 2026, Chery Group's global cumulative sales officially broke through 20 million units. On the same day, Fengyun A9, which went on sale, was officially delivered to users as the 20 millionth car of Chery Group.

Chery Group's 20 millionth car landing on Fengyun A9 is a call across time: Fengyun is the first car created by Chery, and also Chery's first global car to go overseas, now it has been fully refreshed into new energy intelligent vehicles. Fengyun A9 is positioned as "Long-Range Intelligent Beauty Pure Electric Coupe", not an ordinary new car, but the representative work of Chery's entire product system and quality system comprehensive upgrade, representing what Chery "Sets Off Towards Beauty" looks like, and also representing Chery's sincerity of "In China, For The World".

Starting from zero to the 20 millionth unit, Chery used a 29-year entrepreneurial journey to personally experience and witness the upward path of Chinese automobile innovation development, and also explored a path of Chinese automobile globalization "In China, For The World".

29 Years and 20 Million Units: The Upward Path of Chinese Automobiles

This July coincides with the 70th anniversary of the roll-off of the first automobile in New China. In the 70-year history of China's automobile industry, Chery's 29-year entrepreneurial journey has a special sample significance.

In the 1990s, two assertions prevailed in the industry: "No prospect without joint venture with multinational corporations" and "Cannot do independent R&D without a scale of 1 million". Chery broke these assertions, insisting on the path of independent brands, independent R&D, and independent development, becoming the first Chinese brand car company to master the core technologies of the "Three Major Components".

In 2007, Chery became the first Chinese brand car company to break through 1 million cumulative sales, and afterwards was the first to cross the 2 million, 3 million, 5 million unit milestones, until today breaking through 20 million units.

Image shows Chery Rhino Battery

Image shows Chery Mo-Jia Robot

Nowadays, Chery's globalized industry covers diverse fields such as complete vehicle manufacturing, core components, automotive finance, embodied intelligent robots, modern services, intelligent technology, etc. Chery's "Super Technology Shelf" has reserved more than 400 advanced technologies, including Rhino Battery, Falcon Smart Driving Large Model, Lingxi Smart Cockpit 2.0, Ark Amphibious System, Kunpeng Tianqing 48.57% Thermal Efficiency Engine, etc., covering the "Land, Sea, and Air" technology spectrum.

In the latest announced 2026 Fortune China 500 List, Chery Automobile appeared on the list for the first time as a listed company, ranking 87th, Return on Equity (ROE) ranked first in the automotive industry.

Over 1/3 Owners Overseas: The Chinese Car Company with the Highest "Globalization Content"

This May, Dragos Stan from Romania, driving a Chery car, spent 25 days, traveling 12,000 kilometers, crossing 8 countries on the Eurasian continent, arriving at Chery's Wuhu Headquarters with zero failures. "Trust Made in China." This was a sentence Dragos said repeatedly on the road.

Image shows Dragos Stan crossing the Eurasian Continent

Similar trust is gathering into scale globally. In the first half of this year, Chery Group cumulatively exported 943,800 automobiles, a year-on-year increase of 71.5%; for four consecutive months, it broke the Chinese automobile single-month export record, with one "Made by Chery" vehicle heading overseas every 17 seconds. Now, Chery products sell well in over 130 countries and regions, with overseas users close to 7 million, accounting for about 35% of the global 20 million users—for every 3 Chery owners, 1 is overseas.

Recognition from high-regulation markets verifies the quality of user choices. January-June, Chery sold 174,000 units cumulatively in Europe, a year-on-year increase of over 212%; for four consecutive months, it ranked in the top two of the new car sales list for all markets and all brands in the UK, and JAECOO 7 even won the single-month sales champion for all markets and all brands.

Image shows Chery vehicles going overseas are about to board the ship

"Tree Planter" Logic: Wherever, For Whoever

On July 3, 2026, Pretoria, the administrative capital of South Africa. Chery announced that it will transform and upgrade the Rosslyn Plant acquired from foreign enterprises to resume production, promising to retain all original 692 employees, and drive nearly 3,000 employment jobs upstream and downstream. When the news was announced, cheers broke out on site.

Image shows Chery South Africa Rosslyn Plant Launch

Wherever Chery goes globally, it represents the image of Chinese brands. It cannot be a "Wind Tumbleweed" that moves for profit, but must be a "Tree Planter" rooted locally—wherever, for wherever, becoming part of the local community.

At home, behind Chery's 20 million cars are industrial chains, linking the industrial development, employment jobs, taxes, and livelihood projects of national bases. Only in Wuhu, Chery drives the clustering of over 3,000 supporting enterprises upstream and downstream, attracts more than 30 Fortune 500 companies to settle down, and further helps Anhui become a major automobile province稳居 "Top Three in the Nation" for automobile production, new energy vehicle production, and automobile exports.

Image shows Chery Wuhu Manufacturing Base

Overseas, Chery has also upgraded from "Product Going Overseas" to "Ecosystem Going Overseas." In 2024, Chery cooperated with Spanish EV MOTORS to revive the Spanish national brand EBRO, creating over 1,000 employment jobs, praised by both governments and the public as the "Model of China-Spain Cooperation." Currently, Chery Group has 150,000 employees globally, among which overseas employees exceed 20,000, further driving millions of employment jobs upstream and downstream.

Beyond industry rooting, the public welfare green shade of the "Tree Planter" is also extending globally. Chery practices ESG sustainable development concepts, with the carbon footprint coverage rate of models on sale reaching 100%; conducts long-term cooperation with the International Union for Conservation of Nature (IUCN), investing in Mediterranean seagrass bed restoration, Malaysia mangrove protection, and Spain, South Africa key natural protection area projects; as a global partner of the United Nations Children's Fund, since 2023, cumulatively promised to donate $12 million, to support global education projects.

Image shows Chery joins IUCN for Mediterranean seagrass bed restoration environmental protection activity

After 20 Million Units: From "Building Cars" to "Creating Beautiful Lifestyle"

After 20 million units, where does Chery go? The answer Chery gives is: Chery's mission is to help Chinese brands get stronger from big, help Chinese automobiles change the world automobile industry; Chery is not only a car company, but also a tech ecosystem company that through technological innovation, continuously breaks energy constraints, travel boundaries, and industrial bottlenecks, continuously creating beautiful lifestyles for global users—what Chery is to face is the ultimate topic of human sustainable development.

The answer has already shown its prototype: Falcon Driving Assist, Lingxi Smart Cockpit are now on main models, L3/L4 Level Autonomous Driving is accelerating mass production; eVTOL Flying Cars successfully test flight, Mo-Jia Robots have been sold to 60 countries and regions, continuously expanding travel boundaries; Rhino Solid-state Battery energy density reaches 400 Wh/kg and is sprinting towards 600 Wh/kg; Controllable Nuclear Fusion "Artificial Sun" research has also started strategic layout. Focusing on the front-line layout of cells and high computing power chips (2C Technology), Robotaxi and Mo-Jia Robots (2R Technology), green materials, green energy, green computing power (3G Technology), and spare parts boutique ecosystem, digital content subscription ecosystem (2E Ecosystem), constitutes Chery's technology foundation facing the future.

Image shows Chery Representative Technology Ecosystem Layout

70 years ago, China's automobile industry started from zero; 29 years ago, Chery Automobile started from the wasteland. 20 million units is a milestone on this entrepreneurial road, and also a new starting point for Chery's next leg.

Facing the upcoming "Standing at thirty" in 2027, Chery wants to go from "Building Cars" to "Creating Sustainable Beautiful Lifestyle"—this is the topic of Chery's "Standing at thirty", and also the agreement between this 29-year-old Chery and the "Century Chery"!