Chery sets up factory in Thailand to produce electric cars

Who is the best-selling Chinese automaker overseas? Most people might say SAIC, BYD, or Geely. However, from the perspective of a single brand, Chery is undoubtedly the “king of overseas markets.”

Data shows that in 2023, Chery Group’s annual sales reached 1.8813 million vehicles, a year-on-year increase of 52.6%, ranking just below BYD and Changan among domestic brands. Of particular note is Chery Automobile‘s performance in overseas markets, with exports reaching 937,100 vehicles, a year-on-year increase of 101%, far exceeding the industry average growth rate.

Recently, Chery announced their next move in the Thai market.