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Countries and regions where Chery Group passenger cars are sold (Chery, EXEED, Omoda, Jaecoo)
$CHERY· Omoda, Jaecoo, Exeed, Jetour
Offers mass-market to premium EVs via Omoda, Jaecoo, Exeed, and Jetour brands with a strong focus on exports. Privately held but one of China's top vehicle exporters with 2.6M+ total annual sales in 2024 and ~580K NEV deliveries (industry estimate). Targets emerging markets across the Middle East, Southeast Asia, and South America with affordable, feature-rich EVs.
Key Milestones
Chery founded in Wuhu, Anhui Province by the local government — China's first state-supported automaker outside the SAIC/FAW/Dongfeng triumvirate; becomes China's largest passenger-car exporter by 2010s.
Chery launches its first dedicated EV — the Chery QQ3 EV — a small entry-level electric variant of its bestselling QQ city car, providing Chery's first volume EV experience.
Chery launches eQ1 (later 'Little Ant') — an entry-level urban EV that becomes a Chinese microcar mainstay and one of the country's best-selling EVs of the late 2010s.
Launches the iCAR sub-brand for Gen-Z-targeted EVs — Chery's first dedicated electric brand, joining a wave of legacy-Chinese-OEMs spinning off NEV-only sub-brands (BYD's Yangwang, Geely's Zeekr, etc.).
Omoda 5 EV (Omoda E5) goes on sale in UK and Spain — Chery's first major Western European retail entry. Omoda is Chery's premium-brand sub-name designed specifically for export markets.
Signs JV with Spanish company EV Motors to build Omoda EVs in former Nissan Barcelona plant — Chery's first European factory and a strategic move to bypass eventual EU tariff escalation on Chinese EVs.
iCAR 03 small SUV launches in China at sub-$20K price — model targets EV buyers seeking lifestyle styling, helping Chery establish a youth-oriented EV brand presence.
Chery surpasses 1 million NEV cumulative sales — doubling from 500,000 in roughly 12 months and signaling Chery's late-but-rapid NEV transition.
Omoda + Jaecoo brands jointly reach 600,000 global sales — 27 months after international rollout, demonstrating that Chery's two-brand export strategy is gaining traction outside China.
Chery IPOs on Hong Kong Stock Exchange, raising over $1.2B — the largest Chinese auto IPO of 2025; funds global EV expansion and the Spanish Barcelona plant.
Plans Chery-branded compact electric SUV launch in France in Q4 2026 — signaling final-stage Western Europe rollout under the original Chery marque rather than just Omoda/Jaecoo.