China’s Chery predicts over 1 million EVs sold abroad as energy crisis persists
Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise
Chery Automobile, China’s largest car exporter by deliveries, expects its overseas sales of electric vehicles (EVs) to jump as much as 27 per cent this year, as a global energy crisis spurs demand for battery-powered vehicles.
“Our sales of new-energy vehicles abroad are growing fast,” Zhang said during a media briefing. He noted that the segment would account for 65 to 70 per cent of all overseas sales. “The pace of growth proves to be very impressive.”
The state-owned carmaker, based in Wuhu, Anhui province, is aiming for total annual sales abroad of 1.5 million units, which would be a year-on-year jump of 12 per cent.
However, the auto giant has spent recent years pivoting towards electric mobility, taking advantage of China’s complete supply chain and a general willingness among drivers to embrace new technologies.
Zhang confirmed that Chery was considering an entry into the US market, the world’s second-largest automotive arena. “Every player envisions selling cars in that huge market,” he said, though he cautioned that the foray would be dependent on several unspecified factors.