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Palantir Technologies (NYSE: PLTR) has seen its share price surge 170% since January as investors have become increasingly confident in the company's artificial intelligence (AI) sThe Motley Fool
Nov 6, 2024
Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil's Manufacturing Base
Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery's leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders. At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: "From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery's speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities." Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone CelebrationDuring the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery's Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa's "2023 Motor Enthusiasts Choice" award, Mexico's "Top Midsize SUV" and the Philippines' "Best Midsize Crossover in 19th Annual C!" award.Global Sales: From 0 to 15 Million, Chery's Momentum AcceleratesOn December 18th, 1999, Chery's first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China's top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.Chery has adhered to a "dual-track" approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.Global Products: Cars That Meet the Needs of World UsersWith its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong "scientific elite team" dedicated to solving the mobility needs of new-era users.From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China's vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the "2023 Global Sales Champion for Chinese Brand Fuel SUVs." Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery's celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car. Deepening International Cooperation,Co-create a New Future of High-Quality Global ExpansionWhile rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable "going global" model. Adhering to the international development philosophy of "In somewhere, For somewhere," Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery's international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery's outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery's latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery's 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users' needs worldwide.Company：Chery Automobile Co., Ltd.Contact Person: Chery AutomobileEmail: cherybrand@mychery.comWebsite:https://www.cheryinternational.com/Country: ChinaCity：AnHui06/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 6, 2024
Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil's Manufacturing Base
Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery's leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders. At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: "From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery's speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities." Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone CelebrationDuring the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery's Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa's "2023 Motor Enthusiasts Choice" award, Mexico's "Top Midsize SUV" and the Philippines' "Best Midsize Crossover in 19th Annual C!" award.Global Sales: From 0 to 15 Million, Chery's Momentum AcceleratesOn December 18th, 1999, Chery's first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China's top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.Chery has adhered to a "dual-track" approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.Global Products: Cars That Meet the Needs of World UsersWith its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong "scientific elite team" dedicated to solving the mobility needs of new-era users.From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China's vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the "2023 Global Sales Champion for Chinese Brand Fuel SUVs." Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery's celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car. Deepening International Cooperation,Co-create a New Future of High-Quality Global ExpansionWhile rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable "going global" model. Adhering to the international development philosophy of "In somewhere, For somewhere," Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery's international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery's outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery's latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery's 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users' needs worldwide.Company：Chery Automobile Co., Ltd.Contact Person: Chery AutomobileEmail: cherybrand@mychery.comWebsite:https://www.cheryinternational.com/Country: ChinaCity：AnHui06/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 6, 2024
2024 EXEED Global User Summit Successfully Concludes, Driving Sustainable Development with Innovation
The 2024 EXEED Global User Summit was held from October 17 to October 21 in Wuhu, China, celebrating the high-end automotive brand EXEED’s commitment to user-centered values. Centered around the theme “For Us, For Future,” the event featured a series of interactive activities showcasing EXEED’s advanced technological achievements, user ecosystem, future strategies, and commitment to sustainability. EXEED Hosts User Experience Events with Global Guests to Showcase Quality and Strength At the 2024 EXEED Global User Summit, EXEED invited global users, leading distributors, and industry media to Wuhu to join and experience three signature activities: the “Super Guardian Experience Tour,” the “Ultra-long Endurance Challenge,” and the “Future Mobility Experience Day.” The EXEED RX PHEV, EXEED ELANTIX ES REEV, EXEED ELANTIX ET REEV, and ET BEV models designed for international markets successfully met rigorous tests in range, safety, and intelligence, demonstrating EXEED’s commitment to exceptional product performance.On October 18, EXEED’s parent company, Chery Group, hosted the Global Innovation Conference under the theme “Technology, Intelligent Drive into the Future.” Chery Group Chairman Yin Tongyue emphasized that innovation is the soul of Chery and a necessity for progress. Through continuous innovation in products and services, Chery elevates the brand, achieving its vision of high-quality, sustainable growth. As Chery's premium brand, EXEED also carries forward this innovative philosophy. Leveraging the group's over 20 years of deep expertise and keen insights into customer needs, EXEED actively incorporates user feedback, striving to create high-quality products that precisely align with market demands. During this summit, EXEED held a series of product experience and technology showcase events closely related to users, deepening their perception of the brand. These activities effectively highlighted EXEED’s outstanding quality and pioneering spirit, showcasing its vision and commitment as an industry leader. Through these efforts, EXEED is progressively shaping a global brand image centered on users and driven by innovation.EXEED Shapes a New Luxury Ecosystem, Enhancing Users' LifestylesAt the 2024 EXEED Global User Summit, discussions and showcases around the brand’s ecosystem emerged as a conference highlight, underscoring EXEED’s advanced understanding of luxury and future-forward approach to brand ecosystem development.On October 18, the EXEED Ecosystem Launch event gathered global user representatives, partners, industry leaders, and media to witness EXEED’s latest innovations in new energy, safety, and intelligent technology. During the event, EXEED honored seven participants of the “Ultra-long Endurance Challenge” as “Global Experience Ambassadors,” highlighting the importance of user feedback and users’ central role in brand growth.EXEED CEO Qin Chao noted, “In the past five years, EXEED has not only gained recognition in international markets but also won the trust of over 200,000 users worldwide. This achievement stems from our ongoing investment in our premium brand positioning and our deep attention to user feedback.” The company aims to create a “People + Vehicle + Life” luxury ecosystem, making EXEED part of a high-end lifestyle. Moving forward, EXEED will embrace new energy development, strive to lead the REEV segment, and deliver premium mobility solutions. The company will also deepen cooperation with global KOCs to explore sustainable luxury ecosystem values.EXEED Drives Green Tech and Builds a Sustainable Future with UsersAs Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) factors gain increasing global attention, EXEED demonstrates its leadership and commitment as a premium automotive brand in these areas. EXEED’s ESG strategy not only underscores its dedication to sustainable development but also reflects its firm resolve to actively fulfill social responsibilities worldwide. Through practical initiatives and collaborative projects, EXEED is striving to lead in environmental protection, social contribution, and sound governance, working together with its global users to build a greener, smarter, and more sustainable future.On October 20,EXEED’s parent company, officially signed an agreement with the International Union for Conservation of Nature (IUCN). With an investment of $3.5 million, the “Cherish Nature” Chery X IUCN Global Cooperation Project was launched. Over 2,000 users, partners, and media representatives from 49 countries gathered in Wuhu to participate in a green public cycling event, showing their support for Chery's environmental initiatives. Chery Group Chairman Yin Tongyue emphasized during the event: “A true global enterprise goes beyond international trade and market expansion. It requires a globalized business philosophy, a sense of responsibility, and value contribution. Chery aims to establish itself as a ‘world-class green and intelligent mobility technology company.’”Ban Ki-moon expressed gratitude to Chery Group for its significant and ongoing contributions to public welfare in environmental protection, education, and more. Dame Jenny Shipley highly praised Chery Group for its commitment as a global corporate citizen. She called for more people to join hands with industry leaders like Chery, sharing in the joy of success and opening a new chapter of mutual benefit and win-win achievements.Zhang Shengshan, Deputy General Manager of Chery Automobile Co., Ltd. International, stated: “Chery’s ESG journey involves all our partners, customers, employees, and especially Chery users; we aim to shape the future together.” Zhang also announced Chery's third initiative—Chery Global ESG Community—following the Green Public Welfare Fund and Water Protection initiatives. This community reflects Chery’s commitment to building a better world with all stakeholders.With the successful conclusion of the 2024 EXEED Global User Summit, EXEED not only showcased its exceptional achievements in user experience, ecological innovation, and corporate responsibility but also strengthened its connection with users, reinforced the brand’s core values, and demonstrated its deep insights and firm commitment to the future of mobility ecosystems. EXEED's journey is far from over. Upholding its philosophy of "New Luxury, New Energy, New Ecosystem," EXEED will continue to partner with global users to explore and shape a sustainable future mobility ecosystem. Amid the wave of smart and new energy technologies, EXEED leads the industry forward with its spirit of innovation and user-centered values, bringing users a greener, smarter, and more luxurious travel experience.Company：Chery Automobile Co., Ltd.Contact Person:lixuetingEmail: lixueting@mychery.comWebsite:https://www.exeedinternational.com/Country:ChinaCity ：Wuhu06/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 6, 2024
2024 EXEED Global User Summit Successfully Concludes, Driving Sustainable Development with Innovation
The 2024 EXEED Global User Summit was held from October 17 to October 21 in Wuhu, China, celebrating the high-end automotive brand EXEED’s commitment to user-centered values. Centered around the theme “For Us, For Future,” the event featured a series of interactive activities showcasing EXEED’s advanced technological achievements, user ecosystem, future strategies, and commitment to sustainability. EXEED Hosts User Experience Events with Global Guests to Showcase Quality and Strength At the 2024 EXEED Global User Summit, EXEED invited global users, leading distributors, and industry media to Wuhu to join and experience three signature activities: the “Super Guardian Experience Tour,” the “Ultra-long Endurance Challenge,” and the “Future Mobility Experience Day.” The EXEED RX PHEV, EXEED ELANTIX ES REEV, EXEED ELANTIX ET REEV, and ET BEV models designed for international markets successfully met rigorous tests in range, safety, and intelligence, demonstrating EXEED’s commitment to exceptional product performance.On October 18, EXEED’s parent company, Chery Group, hosted the Global Innovation Conference under the theme “Technology, Intelligent Drive into the Future.” Chery Group Chairman Yin Tongyue emphasized that innovation is the soul of Chery and a necessity for progress. Through continuous innovation in products and services, Chery elevates the brand, achieving its vision of high-quality, sustainable growth. As Chery's premium brand, EXEED also carries forward this innovative philosophy. Leveraging the group's over 20 years of deep expertise and keen insights into customer needs, EXEED actively incorporates user feedback, striving to create high-quality products that precisely align with market demands. During this summit, EXEED held a series of product experience and technology showcase events closely related to users, deepening their perception of the brand. These activities effectively highlighted EXEED’s outstanding quality and pioneering spirit, showcasing its vision and commitment as an industry leader. Through these efforts, EXEED is progressively shaping a global brand image centered on users and driven by innovation.EXEED Shapes a New Luxury Ecosystem, Enhancing Users' LifestylesAt the 2024 EXEED Global User Summit, discussions and showcases around the brand’s ecosystem emerged as a conference highlight, underscoring EXEED’s advanced understanding of luxury and future-forward approach to brand ecosystem development.On October 18, the EXEED Ecosystem Launch event gathered global user representatives, partners, industry leaders, and media to witness EXEED’s latest innovations in new energy, safety, and intelligent technology. During the event, EXEED honored seven participants of the “Ultra-long Endurance Challenge” as “Global Experience Ambassadors,” highlighting the importance of user feedback and users’ central role in brand growth.EXEED CEO Qin Chao noted, “In the past five years, EXEED has not only gained recognition in international markets but also won the trust of over 200,000 users worldwide. This achievement stems from our ongoing investment in our premium brand positioning and our deep attention to user feedback.” The company aims to create a “People + Vehicle + Life” luxury ecosystem, making EXEED part of a high-end lifestyle. Moving forward, EXEED will embrace new energy development, strive to lead the REEV segment, and deliver premium mobility solutions. The company will also deepen cooperation with global KOCs to explore sustainable luxury ecosystem values.EXEED Drives Green Tech and Builds a Sustainable Future with UsersAs Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) factors gain increasing global attention, EXEED demonstrates its leadership and commitment as a premium automotive brand in these areas. EXEED’s ESG strategy not only underscores its dedication to sustainable development but also reflects its firm resolve to actively fulfill social responsibilities worldwide. Through practical initiatives and collaborative projects, EXEED is striving to lead in environmental protection, social contribution, and sound governance, working together with its global users to build a greener, smarter, and more sustainable future.On October 20,EXEED’s parent company, officially signed an agreement with the International Union for Conservation of Nature (IUCN). With an investment of $3.5 million, the “Cherish Nature” Chery X IUCN Global Cooperation Project was launched. Over 2,000 users, partners, and media representatives from 49 countries gathered in Wuhu to participate in a green public cycling event, showing their support for Chery's environmental initiatives. Chery Group Chairman Yin Tongyue emphasized during the event: “A true global enterprise goes beyond international trade and market expansion. It requires a globalized business philosophy, a sense of responsibility, and value contribution. Chery aims to establish itself as a ‘world-class green and intelligent mobility technology company.’”Ban Ki-moon expressed gratitude to Chery Group for its significant and ongoing contributions to public welfare in environmental protection, education, and more. Dame Jenny Shipley highly praised Chery Group for its commitment as a global corporate citizen. She called for more people to join hands with industry leaders like Chery, sharing in the joy of success and opening a new chapter of mutual benefit and win-win achievements.Zhang Shengshan, Deputy General Manager of Chery Automobile Co., Ltd. International, stated: “Chery’s ESG journey involves all our partners, customers, employees, and especially Chery users; we aim to shape the future together.” Zhang also announced Chery's third initiative—Chery Global ESG Community—following the Green Public Welfare Fund and Water Protection initiatives. This community reflects Chery’s commitment to building a better world with all stakeholders.With the successful conclusion of the 2024 EXEED Global User Summit, EXEED not only showcased its exceptional achievements in user experience, ecological innovation, and corporate responsibility but also strengthened its connection with users, reinforced the brand’s core values, and demonstrated its deep insights and firm commitment to the future of mobility ecosystems. EXEED's journey is far from over. Upholding its philosophy of "New Luxury, New Energy, New Ecosystem," EXEED will continue to partner with global users to explore and shape a sustainable future mobility ecosystem. Amid the wave of smart and new energy technologies, EXEED leads the industry forward with its spirit of innovation and user-centered values, bringing users a greener, smarter, and more luxurious travel experience.Company：Chery Automobile Co., Ltd.Contact Person:lixuetingEmail: lixueting@mychery.comWebsite:https://www.exeedinternational.com/Country:ChinaCity ：Wuhu06/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 6, 2024
