Chery

Chery is set to reach a cumulative total of 5 million car exports later this month, becoming the first Chinese automaker to achieve this milestone.

Chery is offering discounts on a number of models, with a combined discount of up to 47 percent after subsidies.

In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.

Chery plans to equip its all-electric model Little Ant with a smart driving system based on the Qualcomm 8620 platform, according to local media.

The iCar V23 is iCar's second model, after the iCar 03, and is aimed at fashion-conscious young people.

Chery's joint venture plant in Spain saw its first vehicle roll off the assembly line on November 23, the S700 under EV Motors' Ebro brand.

The new Freelander-branded models will initially be sold in China through a select network and will be exported to overseas markets in the future.

The Sterra ET SUV is the second model in Exeed's Sterra lineup after the Sterra ES sedan, with a starting price of RMB 189,800 ($26,280).

Jaguar Land Rover will become the first luxury automaker to adopt Chery's platform, with the partnership close to being finalized, according to local media.

The iCar 03 has a boxy look, and Chery said it's a car for young people.