[Chery] News & Updates

China: Fuel Vehicle Share Falls Below One-Third as NEV Penetration Hits 67%

Data from the China Passenger Car Association (CPCA) show that in September 2026, the market share of China's fuel-powered passenger vehicles fell below one-third for the first time, while the penetration rate of new energy vehicles rose to 67% and the share of battery electric vehicles reached 47.3%. Product advances, policy orientation and young consumers' preferences are jointly driving the structural shift. Joint-venture brands and traditional dealership and repair systems are under pressure, with the number of auto repair shops falling from 382,000 to 345,000 in half a year. The industry is shifting from fuel-dominated to new-energy-dominated, but fuel vehicles will still coexist with new energy vehicles over the long term in scenarios such as long-distance travel and low temperatures, and the industrial chain needs to complete business and talent structure adjustments during the transition period.

3168 days ago

China-EU Consultations Signal Easing as Four Automakers Chart Different Paths

The second regular meeting of the China-EU Trade and Investment Consultation Mechanism was held in Beijing from October 8 to 9. The two sides reached an understanding on hybrid vehicle trade and agreed to advance price undertakings and review procedures in the electric vehicle anti-subsidy case. On October 14, Changan, Leapmotor, Dongfeng and GAC successively expressed support, but their European focuses vary: Changan stressed localization "in Europe, for Europe"; Leapmotor said it has established more than 1,000 outlets in 36 countries and entered local manufacturing; Dongfeng focuses on compliance and taking hybrid technology overseas; and GAC is deepening local cooperation. Industry insiders believe trade costs remain a key variable in automakers' European investment decisions.

24611 days ago

Chery, Bosch sign Europe ADAS nomination; production to start in 2028, over 800,000 units in five years

Chery Automobile and Bosch signed a project nomination in Paris. The two parties will cooperate on Chery's first batch of localized ADAS projects in Europe, covering Bosch's fourth-generation multi-purpose camera MPC4 and an integrated driving and parking system. The system is planned to be installed on six all-new Chery models, with mass production to start in 2028 and total output expected to exceed 800,000 units over a five-year cycle. Bosch disclosed that MPC4 series camera nominations have covered more than 50 models, with orders exceeding the ten-million-unit level; its one-stage high-level intelligent driving assistance solution has completed testing and validation in Germany, France, and Japan, and is planned to achieve road adaptation validation in multiple regions including North America, the Middle East, Southeast Asia, and the EU within 2026. This nomination reflects that Chinese automakers' going global is extending from vehicle exports to localization of the intelligent supply chain.

27412 days ago

After 7.098 Million Vehicle Exports, Chinese Auto Globalization Enters Deep Water

In 2025, China's automobile exports reached 7.098 million units, a year-on-year increase of 21.1%, of which new energy vehicle exports reached 2.615 million units, a year-on-year increase of 103.7%. The industry's focus is shifting from export scale to the depth of globalization. The degree of openness of overseas markets varies significantly. Chinese automakers are advancing globalization through local factory construction, product portfolios, and ecosystem-based operations. According to statistics from Gasgoo Automotive Research Institute, the planned annual overseas production capacity of Chinese automakers increased from about 3.44 million units in 2023 to nearly 6.85 million units in 2026.

56240 days ago

Anfia Proposes Zero Tariffs on Chinese Car Imports Within 8% Quota

Vavassori, president of the Italian automotive components association Anfia, proposed that the EU set an import quota for cars made in China, with zero tariffs for up to 8% and an 80% tariff on the portion above that, covering components as well. Chinese brands currently account for more than 9% of new car sales in the EU, and the EU's current combined tariff rate on Chinese EVs is about 18% to 45%. Italian component exports fell 4.6% in the first half, may decline 10% for the full year, and could fall 40% to 50% by 2028 without protection. Whether the proposal can enter the EU agenda remains to be seen.

52146 days ago

Chery Surpasses 7 Million Units in Cumulative Exports

Chery Automobile's cumulative export volume has surpassed 7 million units, with its NEV products ranking in the global top five by market share, demonstrating a successful transition from ICE vehicles to new energy across global markets.

22950 days ago

BYD Leads August NEV Sales with 433K Units, Leapmotor Surpasses Tesla for First Time

August NEV wholesale sales are estimated at 1.51 million units, up 16% YoY. BYD dominates with 433,384 units, while Leapmotor overtakes Tesla China for the fourth place, highlighting deepening polarization among new forces.

52250 days ago

China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

According to data from the China Passenger Car Association (CPCA), August 2026 new energy vehicle (NEV) wholesale sales reached an estimated 1.51 million units, up 16% year-on-year and 4% month-on-month, indicating continued robust market expansion. BYD secured the top position with an overwhelming 433,384 units, creating a gap of nearly 260,000 vehicles against second-place Geely (173,675 units). The most eye-catching development was Leapmotor delivering 103,129 units, surpassing Tesla China (86,166 units) for the second consecutive month above the 100,000-unit threshold. XPeng delivered 39,107 units, Li Auto 37,679 units, NIO 35,836 units, and Xiaomi Auto maintained its position above 30,000 units. Cumulative NEV retail sales from January to August 2026 reached approximately 8.869 million units, with a penetration rate of 52%, confirming NEVs as the market mainstream.

97450 days ago

Chery Leads Gasoline Engine Sales at 1.75M Units, BYD Breaks 1M Chasing Geely

China's multi-cylinder gasoline engine sales reached 10.1174 million units from January to July 2026, down 12.92% year-on-year. Chery topped the ranking with 1.7463 million units and 17.26% market share, followed by Geely Power at 1.2343 million and BYD at 1.034 million. Passenger vehicle gasoline engine sales plunged 24.33% in July alone.

49765 days ago

Global Top 10 Automakers: BYD, Geely, Chery Make Historic Debut

In H1 2026, BYD, Geely, and Chery entered the global top 10 automakers for the first time, with a combined market share of 13.5%, surpassing Volkswagen Group.

72565 days ago

4827mm Length + 2800mm Wheelbase: Jetour Traveller 7 C-DM Official Images Revealed

Jetour Traveller 7 C-DM images released. Mid-size boxy SUV at 4,827mm length, 2,800mm wheelbase, 5/7-seat layouts, 1.5T PHEV with 1,300km+ range. Gasoline versions also planned.

60267 days ago

Starting at 89,900 RMB, 2027 Arrizo 8 PRO Redefines Smart Sedans with Oil-Electric Intelligence

On August 10, 2026, Chery launched the 2027 Arrizo 8 PRO in Ordos. The model offers 5 configurations with official pricing from 113,900 to 145,900 RMB, while trade-in subsidies bring the entry price down to 89,900 RMB. Featuring the Snapdragon 8255 chip and Falcon 500 ADAS, the car aims to bridge the intelligence gap between gasoline and electric vehicles.

28467 days ago

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