Chery Sales Increase By 38% In 2024: 2.60 Million Cars Sold Globally

Chery Group has reported a record-breaking year in 2024, with global sales surpassing 2.60 million cars, a 38.4% increase compared to the previous year. The Chinese automotive giant also saw its annual revenue grow by over 50%, reaching 480 billion, driven by a 150 billion increase.

The company maintained its status as the top Chinese passenger car exporter for the 22nd consecutive year, shipping 1.14 million units, a 21.4% increase. Sales of new energy vehicles (NEVs) rose sharply, up 232.7%, to 583,569 units, marking the fastest growth among major automakers. 

December sales reached 298,505 units, a 38.4% year-on-year increase, with plug-in hybrid electric vehicle (PHEV) sales surpassing 100,000 units, up 31.9% month-on-month.

Milestones & Global Expansion

Chery celebrated several significant milestones in 2024. The company produced 15 million cars across its five global plants, while the Tiggo 2 achieved a production milestone of one million units. Another milestone was the export of the one-millionth Tiggo 7, underscoring the model’s global popularity.

A major highlight was the launch of Chery’s first European joint venture plant, in partnership with Spain’s EV MOTORS. This collaboration marked the revival of the iconic Spanish automotive brand EBRO, further cementing Chery’s presence in international markets.

Recognition & Awards

Chery’s achievements earned it accolades in key markets such as Brazil, Egypt, and Indonesia, where the company won multiple awards. Chery also made its debut on the Fortune Global 500, ranked as the top Chinese brand in the Globalization Top 50, and featured in the Fortune China ESG Impact Ranking.

Focus On Sustainability

Chery continues to prioritise sustainability, focusing on transforming global green mobility through innovative new energy technologies. The company is working to enhance the safety, efficiency, and intelligence of its PHEV offerings to provide competitive eco-friendly mobility solutions worldwide.

Chery In The Middle East

In Bahrain, Chery remains a prominent player under the Motorcity lineup. Known for its innovative designs and quality, the brand has earned the trust of consumers in the Kingdom.

Chery Brands In The UAE

The Soueast brand recently made its debut and showcased three SUVs in the UAE—here are more details. With its 2024 accomplishments, Chery has strengthened its position as a global automotive leader, poised to drive the future of sustainable mobility.

Find used Chery cars for sale in the UAE and new Chery cars for sale in the UAE.

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