NLZ
Nov 4, 7:45 AM
$WRD Chery Group Sells 2.5 Million Vehicles in First 10 Months, Up 9.3% YoY
Vehicle sales today could translate to a potential OTA upgrade, for applicable nominated vehicles. This would especially apply for export vehicles, that are in process to get type approval (for potential global rollouts, UNECE R171 is relevant).
Prep work has been finalised. Chery passed an R171 Safety Management System audit, approved by RDW, in June 2026. That establishes its safety processes. It is a prerequisite for subsequent vehicle approvals, rather than approval of a particular model or WeRide software deployment.
Several major markets outside the EU adopted UNECE vehicle regulations, which provides access to these market on the basis of mutual recognition.
So vehicle sales today, is potential revenue opportunity from the installed vehicle base tomorrow.
https://autonews.gasgoo.com/articles/news/chery-group-sells-25-million-vehicles-in-first-10-months-up-93-yoy-2117209091721814016
1 replies