Chery Automobile Co., Ltd. Highlights Recent Product Launches and Certifications

Date: 24 April 2026Source: Multiple press releases and industry news outlets

Chery Automobile Co., Ltd. (NASDAQ: CHERY) has announced a series of product and brand developments that reinforce its position in the global automotive market, particularly in the new‑energy vehicle (NEV) segment. The company’s activities, reported across several media outlets, focus on the launch of the CHERY VPD, the certification of the iCAUR V27, and the European debut of the LEPAS premium brand.

CHERY VPD World Premiere

  • Event: The CHERY VPD was unveiled at a global premiere that concluded on 22 April 2026 under the theme “Tech. For Family.”
  • Key Features: The vehicle introduces two core functions—One‑Tap Depa (likely a parking assistance feature) and an enhanced intelligent parking system.
  • Strategic Positioning: The launch signals Chery’s commitment to integrating advanced driver‑assist technologies into its lineup, aimed at delivering a “warm era of intelligent parking” for family users.

iCAUR V27 Certification

  • Certification: The iCAUR V27 received the “L3” all‑terrain certification from the China Automotive Technical and Research Center (CATARC) on 23 April 2026.
  • Implications: The L3 certification confirms the vehicle’s advanced autonomous driving capabilities in off‑road conditions, expanding Chery’s portfolio in the NEV market.

LEPAS Europe Debut

  • Event: LEPAS, Chery Group’s premium new‑energy brand, held its European debut in Milan on 23 April 2026.
  • Venue: The launch took place in the Tortona district during Milan Design Week, positioning LEPAS as a “new standard for elegant new‑energy mobility.”
  • Strategic Outlook: The European debut demonstrates Chery’s intent to penetrate high‑end markets with a differentiated NEV offering.

Market Context

  • Stock Performance: As of 22 April 2026, Chery’s closing price was HKD 31.88, within a 52‑week range of HKD 23.60 to HKD 34.98.
  • Valuation: The company’s price‑to‑earnings ratio stands at 7.95, indicating a relatively modest valuation relative to earnings.
  • Market Capitalization: Chery’s market cap is approximately HKD 194.47 billion.
  • Competitive Landscape: The broader Chinese EV market is experiencing intensified price competition, as highlighted by BYD’s recent discount strategies. Chery’s focus on advanced technology and premium branding may help it differentiate in this environment.

Conclusion

Chery Automobile Co., Ltd. has reinforced its strategic focus on intelligent mobility solutions and premium NEV offerings. The successful world premiere of the CHERY VPD, the L3 certification of the iCAUR V27, and the European debut of LEPAS collectively illustrate the company’s ambition to expand its global footprint and technological leadership in the automotive sector.