Shanghai (Gasgoo)- Chery Holding announced that its vehicle sales hit a record high of 752,759 units in 2018, rising 11% from the previous year.
Its full-year vehicle export volume jumped 18% year on year to 126,993 units, retaining its crown by annual PV export volume in China for 16 consecutive years. In addition, the automaker saw its NEV sales in 2018 skyrocket 146% over a year ago to 90,537 units.
Last year, Chery rolled out a series of new models into market, including the Tiggo 8, Arrizo GX, the Jetour X 70, the new Tiggo 5x and the Tiggo 3xe, etc. Thanks to the injection of new products, the automaker gained positive increase amid an overall sales downturn nationwide.
The sales of the Tiggo 8 showed month-by-month growth for 6 straight months. The Jetour X70, the first model under Jetour, a new product series launched in early 2018, had cumulative sales exceeding 40,000 units after it went on sales in last August. The presale of the Jetour X90 has started on January 7 and the new model will officially hit the market on January 14 with an annual sales target of 150,000 units.
Aside from the sales growth, the company also made many other achievements last year. For instance, the first 1.6T GDI engine of Chery’s third-generation engine series has been put into production in 2018. Chery New Energy has been granted NEV production qualification from both the MIIT and the NDRC. Moreover, the construction of its R&D center located in Europe was completed in last October, further maturing Chery’s global development system.
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