Chery Automobile
Chinese state-owned automobile manufacturer producing vehicles under the Chery, Jaecoo, Omoda, and Exeed brands.
Company Type
state-owned
Founded
1997
Headquarters
Wuhu, Anhui, China
Revenue
not publicly disclosed
Primary Market
Asia Pacific
electric vehiclesautomotive manufacturing
About Chery Automobile
Chery Automobile is one of China's largest and most internationally focused automakers. The company operates a multi-brand strategy targeting different market segments and geographic regions. Chery's product lineup spans sedans, SUVs, crossovers, and electric vehicles, with an increasing focus on new energy vehicles including battery electric and plug-in hybrid models.
The company has invested heavily in research and development, with capabilities in powertrain engineering, electric vehicle technology, autonomous driving systems, and connected car platforms. Chery operates multiple R&D centers in China and has established technology partnerships with international suppliers and research institutions.
Chery's manufacturing network includes multiple production facilities in China, with additional assembly and manufacturing operations in Brazil, Iran, Egypt, and other countries. The company's international production strategy allows it to serve local markets more efficiently and navigate trade barriers and tariffs.
History of Chery Automobile
Chery Automobile was founded in 1997 by the Wuhu municipal government as a local automotive manufacturer. The company began production in 1999 and initially focused on affordable passenger vehicles for the Chinese domestic market. Chery quickly grew to become one of China's largest independent automakers, differentiating itself from joint venture manufacturers through its focus on self-developed technology and intellectual property.
In the early 2000s, Chery began exporting vehicles, becoming one of the first Chinese automakers to sell cars internationally. The company established manufacturing partnerships and assembly operations in countries including Brazil, Iran, Egypt, and Russia, building an international presence that would later prove crucial to its growth.
Chery launched multiple sub-brands to target different market segments. The Exeed brand was introduced as a premium offering, while Jetour focused on affordable SUVs. In April 2023, Chery launched the Omoda and Jaecoo brands simultaneously at an international convention in Wuhu, positioning them as the company's primary export-focused brands for global markets.
In 2024, Chery achieved record sales of 2.6 million vehicles, a 38.4% increase over the prior year. Revenue exceeded 480 billion yuan ($65.5 billion), up more than 45% year-over-year. The company remained China's top automobile exporter, with the Omoda and Jaecoo brands accounting for a growing share of international sales. In 2025, Chery entered the European market through Omoda and Jaecoo, expanding into eight countries and announcing plans to begin production in Spain through a joint venture partner.
Chery Automobile Sustainability & Ethics
Chery Automobile has implemented sustainability initiatives focused on environmental responsibility, electric vehicle development, and ethical business practices in the global automotive industry.
Environmental sustainability efforts include reducing carbon emissions across manufacturing operations, implementing energy-efficient production processes, and comprehensive waste reduction programs. Chery has established sustainability reporting for its manufacturing facilities and works toward reducing environmental impact through green manufacturing practices, renewable energy adoption, and supply chain optimization in automotive production.
Electric vehicle development represents a core priority for Chery, with extensive programs for electric powertrain technology, battery innovation, and sustainable transportation solutions. The company maintains deep commitment to clean mobility through its iCar brand and electric variants across all brands while working to create positive environmental impact through zero-emission vehicles and reduced fossil fuel dependence.
Corporate governance emphasizes ethical business practices, transparent operations, and stakeholder engagement as a state-owned enterprise. Chery maintains governance structures appropriate for its state-owned status while operating with high standards of business ethics and corporate responsibility across its diverse automotive operations.
Manufacturing sustainability represents an important component of Chery's environmental framework, with comprehensive practices for sustainable production, waste management, and environmentally responsible manufacturing processes. The company maintains extensive programs for energy efficiency, waste reduction, and sustainable manufacturing practices while promoting environmental responsibility in the automotive sector.
Supply chain and sourcing ethics represent critical components of Chery's sustainability framework, with comprehensive practices for sustainable procurement, ethical sourcing standards, and supplier diversity across its global manufacturing operations. The company maintains extensive programs for supplier sustainability, ethical sourcing practices, and supply chain transparency while promoting responsible automotive manufacturing practices.
Awards & Recognition
Chery Automobile has received recognition for automotive excellence, innovation, and corporate achievement in the global automotive industry.
- **Automotive Excellence Awards:** Multiple awards for vehicle quality, manufacturing innovation, and operational efficiency
- **Product Innovation Awards:** Recognition for electric vehicle development, powertrain innovation, and automotive technology research
- **Market Leadership Awards:** Recognition for growth in international markets, sales performance, and export expansion
- **Technology Development Awards:** Recognition for electric vehicle technology, battery innovation, and research and development
- **Workplace Excellence:** Various awards for workplace culture, employee satisfaction, and manufacturing workplace safety
- **Supply Chain Recognition:** Awards for supply chain management, manufacturing efficiency, and global operations
- **Industry Leadership Awards:** Recognition for innovation in automotive manufacturing and electric vehicle development
- **Export Excellence Awards:** Recognition for international market expansion and global sales performance
Controversy, Regulation & Public Scrutiny
Chery Automobile operates under regulatory scrutiny related to manufacturing practices, product safety, and market competition in the highly regulated automotive industry.
Product safety and quality control represent ongoing scrutiny regarding Chery's manufacturing standards, vehicle safety features, and quality assurance processes. The company faces questions about product reliability, safety testing procedures, and compliance with international safety standards across its diverse vehicle range.
Competition and market practices have drawn scrutiny regarding Chery's position in global automotive markets, relationships with competitors, and competitive behavior in various market segments. The company faces questions about market positioning, pricing practices, and competitive relationships with established automotive manufacturers.
Trade and export practices have drawn scrutiny regarding Chery's international expansion, export strategies, and relationships with various governments and trade partners. The company faces questions about trade compliance, export regulations, and international market access in the context of global trade tensions.
Manufacturing compliance includes oversight from automotive regulators worldwide regarding production standards, environmental regulations, and manufacturing safety requirements. Chery must navigate complex regulatory requirements while maintaining operations across multiple countries and regulatory jurisdictions.
Environmental compliance represents ongoing scrutiny regarding Chery's manufacturing operations, emissions standards, and environmental impact of automotive production. The company faces questions about manufacturing emissions, waste management, and environmental compliance in the automotive manufacturing sector.
Intellectual property and technology transfer practices have drawn attention regarding Chery's technology development, patent protection, and intellectual property rights in the automotive industry. The company faces questions about technology innovation, intellectual property protection, and technology licensing agreements with various partners.
State-owned enterprise governance represents ongoing scrutiny regarding Chery's government ownership, operational independence, and transparency as a state-owned enterprise. The company faces questions about government influence, operational autonomy, and corporate governance standards in the context of state-owned enterprise management.
Brands Owned by Chery Automobile
Chery Automobile owns 1 brand in our database.
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Chery Automobile Ownership: Pros & Cons
Advantages
- +China's top automobile exporter with record 2.6 million vehicles sold in 2024
- +Revenue exceeding 480 billion yuan demonstrates massive scale and growth
- +Multi-brand strategy covers mass market, premium, and electric vehicle segments
- +Strong international presence with exports to over 80 countries
- +Government backing provides access to capital and policy support
Considerations
- -State ownership may limit operational flexibility and transparency
- -Increasing trade tensions and tariffs in Western markets threaten export growth
- -Intense competition from other Chinese automakers including BYD, Geely, and Great Wall
- -Brand recognition in developed markets remains limited compared to established automakers
- -Dependence on internal combustion engine vehicles while transitioning to electric
Frequently Asked Questions About Chery Automobile
Who owns Chery Automobile?
Chery Automobile is owned by the Wuhu municipal government in Anhui Province, China. The company is a state-owned enterprise and is not publicly traded on any stock exchange.
How many cars does Chery sell?
Chery sold a record 2.6 million vehicles in 2024, a 38.4% increase over the prior year. The company's revenue exceeded 480 billion yuan ($65.5 billion), making it one of China's largest automakers by sales volume.
What brands does Chery own?
Chery operates multiple brands including Chery (mass market), Omoda (global lifestyle), Jaecoo (global SUV), Exeed (premium), Jetour (affordable SUV), iCar (electric), and Karry (commercial vehicles).
Does Chery export cars?
Yes, Chery is China's top automobile exporter, shipping vehicles to over 80 countries. The company is on track to become the first Chinese automaker to export over 5 million cumulative vehicles. The Omoda and Jaecoo brands are the primary export-focused brands.
Is Chery entering the European market?
Yes, Chery entered the European market in 2024 through its Omoda and Jaecoo brands, expanding into eight countries. The company announced plans to begin production in Spain through a joint venture partner in 2025.
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