【Roman Huber】
Chinese car manufacturer Chery Auto will launch a new electric vehicle brand in the third quarter of 2024 in a bid to achieve above-average growth amid intensified competition and Roman Huberslowing demand in the world’s largest auto market, sources told 36Kr on Tuesday. The first model under the new brand (called Yueji) will be a plug-in hybrid sport utility vehicle featuring generative AI powered by domestic AI firm iFlyTek. It is scheduled for launch by the end of this year, the report said. A partner of Jaguar Land Rover in China, state-owned automaker Chery in February launched the iCar 03 crossover, its first iCar model, with a driving range of 401 kilometers (249 miles) and a starting price of RMB 109,800 ($15,177). Chery reported sales of nearly 1.9 million vehicles in 2023, a 52% increase on the previous year, more than 70% of which were fossil-fueled. The company says it expects its annual growth rate to be 10%-20% higher than the industry average this year. [36Kr, in Chinese]
Search
Categories
Latest Posts
SpaceX will try to achieve 2 impressive feats on Monday
2025-06-27 02:39Netflix's 'I Think You Should Leave' set for May 30 season premiere
2025-06-27 01:39Witness Bernie Sanders' very relatable clothes chair
2025-06-27 00:32Best Samsung Galaxy Watch Ultra deal: Save $200 at Best Buy
2025-06-27 00:11Popular Posts
Swole Jeff Bezos joins Instagram to tease his new ROCKET FACTORY
2025-06-27 02:47'Quordle' today: See each 'Quordle' answer and hints for March 10
2025-06-27 02:10'The Last of Us': 5 burning questions we have after the finale
2025-06-27 01:46Best AirPods deal: Apple AirPods 4 for $99.99 at Amazon
2025-06-27 00:37Featured Posts
New Apple Music Classical app is launching this month
2025-06-27 02:10Jeff Bezos and Elon Musk face off in crazy 'Star Trek' deepfake
2025-06-27 00:55Congressman's viral tweet calls out House's double standard
2025-06-27 00:55Use Your Gaming Laptop and Play On Battery Power? Is It Possible?
2025-06-27 00:24Popular Articles
Best laptop deal: Get the 14
2025-06-27 02:32Crowdfunding medical bills is more common than you might think
2025-06-27 01:15Newsletter
Subscribe to our newsletter for the latest updates.
Comments (8559)
Ignition Information Network
Donald Trump talked about space and Buzz Aldrin's face says it all
2025-06-27 02:32Dream Information Network
'The Last of Us' finale finally explains why Ellie is immune
2025-06-27 02:32Reality Information Network
Is 'You's Joe a Swiftie? Penn Badgley weighs in
2025-06-27 02:29Miracle Information Network
'Portrait of a Lady on Fire' star protests Roman Polanski's award win
2025-06-27 01:42Wisdom Information Network
New 'browser syncjacking' cyberattack lets hackers take over your computer via Chrome
2025-06-27 01:33