Chery Group August 2026 Sales Rise 15.4% as NEVs Surge

Chery Holding Group Co., Ltd reported Chery Group August 2026 sales of 280,128 units on September 1, up 15.4% year-over-year (y/y). New energy vehicle (NEV) sales rose 69.8% y/y to 120,909 units, marking the fifth consecutive month above 100,000 units. Exports increased 52.1% y/y to 196,984 units, highlighting the growing contribution of overseas markets. Through August, Chery Group sold 1,914,481 units, up 10.8% y/y. Cumulative NEV sales reached 725,214 units, up 46.2% y/y, while exports climbed 68.1% y/y to 1,343,334 units. The results show that electrification and international expansion remained major contributors to the group's sales growth.

Within the group, Chery Automobile Co., Ltd (Chery Auto) sold 262,990 units in August, up 14.0% y/y, taking its year-to-date total to 1,799,942 units, also up 10.8% y/y. By brand, Chery sold 187,426 units in August, up 16.1% y/y, with YTD sales of 1,289,455 units, up 24.2%. Exeed delivered 5,497 units, down 36.2%, and its YTD sales declined 39.0% to 47,061 units. Jetour sold 51,277 units, down 5.4%, while its YTD total fell 10.6% to 360,122 units. iCAR increased August sales 112.2% to 10,229 units, with YTD sales up 15.7% to 64,689 units. Luxeed recorded 8,561 units, up 404.2% in August, while its YTD sales declined 22.6% to 38,615 units.

International operations continued to be a key growth driver for Chery Group. By the end of August, the group had surpassed 7,000,000 cumulative export units. NEVs were an increasingly important part of that expansion, with August NEV exports approaching 70,000 units, up 124.2% y/y. Data from the China Passenger Car Association (CPCA) showed that Chery's cumulative NEV export volume from January through July ranked among the top two in the industry. The export momentum therefore extended beyond conventional vehicles, with electrified models becoming a larger component of Chery's overseas sales mix. This development reinforces the group's broader strategy of combining higher NEV volumes with continued international market expansion.

Europe also delivered strong growth for Chery during the first seven months of 2026. From January to July, the group sold more than 208,000 units across 24 European countries, representing a 201% y/y increase. NEV sales exceeded 101,000 units, up more than 3.3 times y/y, showing that electrified vehicles accounted for a substantial share of the region's growth. Since the beginning of 2026, JAECOO 7, JAECOO 5, and OMODA 5 have entered the top-selling models list in the UK. The results point to expanding product acceptance across European markets and indicate that Chery's export growth is increasingly supported by both conventional and new energy vehicle offerings.

The company's international performance also reflects the importance of China as the foundation of its global vehicle operations and export expansion. The group's cumulative export volume exceeding 7,000,000 units by the end of August represents a significant milestone, while the rapid increase in NEV exports demonstrates a changing product mix. Chery's January-to-July performance in Europe further indicates that the group is expanding beyond established markets while building demand for electrified models. Together, these developments provide additional support for Chery Group's 2026 growth trajectory, with domestic production strength, NEV momentum, and overseas market penetration contributing to the overall sales performance.

Frequently Asked Questions

What were Chery Group's August 2026 sales?
Chery Group reported 280,128 vehicle sales in August 2026, with strong growth from NEVs and exports supporting the group's overall performance. The company's August sales increased 15.4% y/y, while NEV sales rose 69.8% to 120,909 units and exports increased 52.1% to 196,984 units. Through August, group sales reached 1,914,481 units, up 10.8% y/y. NEV sales totaled 725,214 units, and cumulative exports reached 1,343,334 units. The results highlight electrification and international expansion as important contributors to Chery Group's 2026 sales momentum.