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Chery Automobile Co. Ltd., trading as Chery (Chinese: 奇瑞; pinyin: Qíruì), [3] is a Chinese automobile manufacturer with its headquarters in Wuhu, Anhui, China; it is owned by the Wuhu municipal government. Founded in 1997, it is currently the fifth largest automobile manufacturer group in China with 1,881,316 vehicles sold in 2023.
In November 2023, Chery added the Fulwin product line to market plug-in hybrid and later battery electric vehicles in China. Chery Fulwin vehicles are distributed through separate dealership network. [ 1 ]
Jaecoo is a brand of Chinese vehicle manufacturer Chery that was established in 2023. As a sub-division of Chery International, [2] the brand was established to market SUVs to export markets. Its name is based on the German word Jäger (meaning 'hunter') and the English word 'cool'. [3] In Iran, the brand is known as Lucano. [4]
Omoda is a brand of Chinese vehicle manufacturer Chery that was established in 2022. As a sub-division of Chery International, [3] Omoda and Jaecoo are two Chery brands that are only marketed outside China to support its export strategy. The marque was first introduced in Russia and Kazakhstan in October 2022, with the Omoda C5 as its first model.
Jetour (Chinese: 捷途; pinyin: Jiétú; lit. 'victory road') is a marque of Chinese vehicle manufacturer Chery Holding Group that was established in 2018. The brand mainly produces crossovers and SUVs.
The Chinese name Ant (蚂蚁) is for creating an Ant-themed electric vehicles family within the NEV product series Chery. The company already has an electric city car in the product line called the Little Ant (小蚂蚁) in Chinese or Chery eQ1, and launched the Chery Ant Concept in 2013.
iCar Ecological Technology Co., Ltd., trading as iCar (stylized as iCAR), is a subsidiary of Chinese vehicle manufacturer Chery.The iCar brand was established as an electric vehicle brand in April 2023, following several previous usage of the trademark by Chery. iCar started sales of its first vehicle, the iCar 03 SUV in February 2024.
Before 2017, foreign automotive companies establishing joint ventures in China had to adhere to two requirements. The ownership ratio for foreign manufacturers in joint ventures in China was not allowed to exceed 50%, with the common scenario being a 51:49 ownership ratio between the Chinese and foreign partners.