Chery Automobile Co (9973.HK) Stock Price

Chery Automobile Co., Ltd. generates revenue through the manufacturing, assembly, distribution, and sale of passenger vehicles and automotive parts, including internal combustion engine (ICE) vehicles and new energy vehicles (NEVs). The company's brands CHERY, JETOUR, EXEED, iCAR, and LUXEED target domestic and overseas markets, offering a diverse portfolio of vehicles and components. Revenue streams include sales of complete vehicles, engines, transmission systems, and chassis designed for passenger vehicles, primarily sold to consumers and commercial buyers in China and international markets. The firm's business model focuses on expanding its product portfolio across multiple segments, with CHERY serving mainstream markets, JETOUR targeting mid-range SUVs, EXEED focusing on premium vehicles, iCAR emphasizing electric and smart mobility solutions, and LUXEED catering to luxury segments. These brands operate under Chery's global strategy to capture market share in both domestic and international automotive sectors. Chery's revenue is derived from the sale of vehicles and automotive components, with a strong emphasis on new energy vehicles (NEVs) as part of its strategic shift toward sustainable mobility. The company's product range includes ICE vehicles, NEVs, engines, transmissions, and chassis, all integrated into its brand offerings to meet diverse customer needs across various market segments.