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Chery Breaks Records as China's Top Auto Exporter in 2024
Chery Automobile exports 1.14 million vehicles in 2024, a 38.4% increase, solidifying its position as China's largest car exporter.
By Editorial Team
Chery Automobile has set a new record as China’s largest automotive exporter, shipping 1.14 million vehicles in 2024—a 38.4% increase over the previous year.
2024 Export Performance
| Metric | 2024 | 2023 | Change |
|---|---|---|---|
| Total Exports | 1.14M | 823,000 | +38.4% |
| Total Sales | 2.6M | 1.88M | +38.3% |
| Export Markets | 80+ | 70+ | +10 |
Export Strategy: Multi-Brand Approach
Chery uses distinct brands for different segments:
Omoda
- Target: Young urban buyers
- Style: Modern, fashionable design
- Key Model: Omoda E5 (electric SUV)
- Markets: Europe, Australia, Middle East
Jaecoo
- Target: Adventure-seeking families
- Style: Rugged, capable SUVs
- Key Model: Jaecoo J7, J8
- Markets: Europe, Middle East, Australia
Jetour
- Target: Travel enthusiasts
- Style: Premium-oriented
- Launch: Poland November 2025
Exlantix
- Target: Premium EV buyers
- Style: Luxury electric
- Status: Launching 2025
Top Export Markets
| Region | Share | Key Markets |
|---|---|---|
| Middle East/Africa | 35% | Saudi Arabia, UAE, Egypt |
| Europe | 25% | UK, Spain, Italy, Germany |
| South America | 20% | Brazil, Chile, Mexico |
| Asia-Pacific | 15% | Australia, Thailand |
| Other | 5% | Various |
European Factory
Chery is building its first European manufacturing facility:
- Location: Barcelona, Spain
- Investment: €400M+
- Production Start: Q4 2025
- Capacity: 150,000 vehicles/year
- Benefit: Avoid EU tariffs (20.7% for Chery)
Key Models for Export
Omoda E5 (Electric)
- Range: 430 km WLTP
- Battery: 61.1 kWh LFP
- Price: ~€35,000 in Europe
- Competitors: BYD Atto 3, Hyundai Kona
Omoda 5 (Petrol)
- Engine: 1.6L turbo
- Price: ~€25,000 in UK
- Target: Entry-level SUV buyers
Jaecoo J7 (PHEV)
- Power: 347 hp
- Range: 800+ km combined
- Target: Adventure families
Warranty Advantage
Chery offers competitive warranties:
| Coverage | Chery | Toyota | VW |
|---|---|---|---|
| Vehicle | 7 years | 3 years | 2 years |
| Battery | 8 years | 8 years | 8 years |
| Mileage | Unlimited | 100K km | 60K km |
Implications for Europe
Chery’s aggressive export strategy and European presence demonstrate strong commitment:
Opportunities:
- Proven export capability
- Competitive pricing
- Strong warranty
- Barcelona factory provides local production
Current Status:
- Active in multiple European markets
- Expanding dealer network
- Local production reduces tariff impact
Looking Ahead
Chery’s 2025 goals include:
- 1.5M+ vehicle exports
- Expand to 90+ markets
- Launch Jetour in Europe
- Begin European local production
For more on Chery’s brands, see our Chery Brand Overview.