BUSINESS

In a milestone achievement, OMODA & JAECOO's parent company Chery joins Fortune Global 500

August 15, 2024



Chery, a leading Chinese independent automobile brand, found its place on the 2024 Fortune Global 500 list, which was unveiled on Aug. 5. Chery made its debut at 385th with an operating revenue of US dollar 39.0917 billion. This significant milestone highlights Chery Group's global competitiveness.

OMODA & JAECOO, Chery's new personalized brand targeting the global market, plays a crucial role in Chery's globalization strategy. In this year, OMODA & JAECOO has consistently surpassed 20,000 units in monthly sales over a three-month period, contributing 20.8 percent to the group’s total export volume. Since the brand’s launch 15 months ago, cumulative sales have exceeded 280,000 units. This remarkable performance has positioned OMODA & JAECOO as the fastest-growing automotive brand globally.

Brilliant achievements, OMODA & JAECOO's splendid chapter

Since its launch just over a year ago, OMODA & JAECOO has achieved remarkable results, expanding into more than 40 global markets and launching its products in over 20 countries. The brand now boasts a network of over 800 dealership stores worldwide.

At the Beijing International Automotive Exhibition in April this year, the OMODA E5, J7 PHEV, and J8 PHEV made their grand debut. Simultaneously, this auto show also saw the largest global delegation in history, with high-level government officials, industry leaders, and partners from multiple countries gathering at the booth to witness the momentous occasion.

In July, OMODA & JAECOO once again showcased its unique brand charm. During the Paris sports event, OMODA & JAECOO initiated a 5,000-kilometer expedition called "Go Paris", traveling across four European countries.

The Future has arrived, OMODA & JAECOO leads the road ahead

The year 2024 marks a pivotal period for vigorous growth for OMODA & JAECOO, as the brand confronts a landscape characterized by both opportunities and challenges. This period will see the brand concentrating on the development and promotion of several key flagship models, including the OMODA 7, JAECOO 7 PHEV, and JAECOO 5.

Recently, an official announcement via OMODA's Facebook page disclosed that the CEO of OMODA & JAECOO International, Shawn Xu, will personally oversee the extreme high-temperature testing of the OMODA 7 PHEV in Turpan, China—one of the most thermally demanding environments globally. The vehicle will undergo comprehensive tests focused on critical parameters for summer driving, including air conditioning efficiency, 0-100 km/h acceleration, pure electric range, fuel consumption in a depleted state, and charging performance.

Furthermore, in the second half of the year, the brand’s new flagship— JAECOO 5— came and these events will involve collaboration with global seed users to create over 20 unique adventure travel itineraries.

According to reports, OMODA & JAECOO has launched a global user selection activity themed "Championing the Road Ahead". This initiative aims to recruit star users in four categories: faster traffic "champions", higher sales volume "champions", stronger group leader "champions", and more united cool play "champions" to the global market. It encourages global users to showcase their personal styles and selects star users from different fields to participate in the "2024 Global User Summit".

Interested persons can give their opinion via the below quick brand surveys: OMODA: https://www.wjx.cn/vm/tiVsz3H.aspx; JAECOO: https://www.wjx.cn/vm/twn7HVn.aspx#


August 15, 2024
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