Chery targets 5 million exports milestone this month
Chery Chairman Yin Tongyue announced on June 12 that the company is set to become the first Chinese automaker to surpass 5 million cumulative vehicle exports, expected around June 20. From January to May, the group sold over 1 million vehicles, up 14% YoY, including 287,798 NEVs (up 111.5%) and 443,940 exports. In the first three quarters of 2024, it reported revenue of 182.15 billion RMB ($25.4 billion) and net profit of 11.31 billion RMB ($1.6 billion).