What is Chery's export projection for new energy vehicles?

Chery expects its new energy vehicle exports to double this year and comprise more than half of its total international shipments.

How is Chery planning to enter the Canadian market?

Chery is establishing a sales network in Canada and has invited Canadian dealership representatives to events and its headquarters.

What challenges is Chery facing in the Mexican market?

Mexico's 50% tariff on Chinese-made goods, including cars, has created difficulties for Chery, prompting strategic reviews.

Home / Business and Economy / Chery Eyes Doubled EV Exports to Canada

Chery Eyes Doubled EV Exports to Canada

24 Apr

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Summary

Chery anticipates doubling new energy vehicle exports this year.
The automaker is establishing a sales network in Canada.
Mexico's tariffs pose a challenge, prompting Chery's strategy review.

Chery anticipates a significant surge in its new energy vehicle exports, expecting them to double within the current year. These electrified models, including electric cars and plug-in hybrids, are projected to constitute over half of Chery's total international shipments, marking a milestone for the company.

To facilitate this growth, Chery is making a concerted effort to establish a presence in the Canadian market. Representatives from Canadian dealerships were recently invited to the Beijing auto show and plan to visit Chery's headquarters. This move aligns with a recent trade agreement between China and Canada that allows for increased annual imports of electric vehicles.