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Karry New Energy Holdings Co., Ltd. (traded as Karry) is a Chinese car manufacturer founded by Chery Automobile in 2009 specializing in the production of light commercial vehicles based in Anhui, Wuhu in China. It is a subsidiary of Chery Commercial Vehicle (Anhui) Co. Ltd.[1] Following the IPO of Chery Automobile in 2025, the Karry and Chery Commercial Vehicle has been spun off and operated independently by Chery Holding Group, which has no capital ties with Chery Automobile anymore. [2]

Key Information

History

[edit]

Karry Auto

[edit]

In 2007, Chery Automobile began expanding its offer with commercial and delivery vehicles, starting with the compact kombivan Chery Karry[3] based on the passenger model Fengyun. In the same year, another, smaller model was introduced in the form of a compact, Chery V2 passenger van.[4] Two years later, in 2009, Chery Automobile separated three new brands from its existing offer, one of them was Karry Auto, dedicated exclusively to commercial and passenger cars. Chery Karry was renamed to Karry Youyi, Chery V2 to Karry Youya,[5] and in parallel with the debut of the brand, its portfolio was expanded by another model - Youpai/Yousheng.[6] At the end of 2009, Karry's offer consisted of 4 models, thanks to the premiere of another one in the form of the Youyou van.[7]

In the second decade of the 21st century, the Karry range diversified its offer with other types of cars, presenting in 2012 a cheap pickup truck Karry Aika,[8] and in the compact minivan Karry K50.[9] A year later, the range was expanded by another new type of car in the form of a crossover based on the K50, the Karry K60.[10] At the turn of the second and third decade of the 21st century, the last combustion Karra models debuted: in 2019, the Youjin T7 pickup line was introduced,[11] and in 2022 - model X6.[12] Just two years later, all combustion models disappeared from the Karry range and the company focused exclusively on electric drives.

Karry New Energy

[edit]

In 2017, Chery Commercial Vehicle established a new division, Karry New Energy, which focused on producing electric variants of the Karry models, starting with the K60 EV.[13] A year later, the electric van Youyou EV went on sale, while in 2019 the first model built from scratch was presented with electric drive in mind - delivery vans Karry Dolphin.[14] In 2022, in parallel with the premiere of the X6 model, its variant van was also presented exclusively with electric drive, Karry Porpoise[15] and an electric variant of the pickup truck - Elephant.[16] The three latest Karry New Energy models will become the only remaining products in the range after the company switches to fully electric drive in 2024.

Products

[edit]

Current models

[edit]
Image Name Chinese name Introduction

(cal. year)

Gen Description
Van
Dolphin 海豚 2019 1st Van, BEV
Porpoise E5/E6/E7 江豚 2022 1st Van, BEV
Truck
Little Elephant 小象 2022 1st Truck variant of Porpoise

Discontinued vehicles

[edit]
Image Name Chinese name(s) Also called Introduction

(cal. year)

End of production

(cal. year)

Gen Class
Minivan/Van
Youyi 优翼
  • Chery A18
 2007 2011 1st Compact van/MPV
Youpai/

Yousheng

优派/

优胜

  • Chery Q21
  • Chery Q21D
 2011 2014 1st Compact van/MPV
Youyou 优优
  • Karry Q22
  • Chery Q22
  • Chery Yo-Yo
  • Chery Awin
 2007 2022 1st Compact van/MPV
Youya 优雅
  • Chery V2
  • Karry V2
  • Karry S22
 2010 2015 2nd Compact van/MPV
K50 K50 – 2015 2017 1st Compact van/MPV
K60 K60
  • Chery K60[17]
  • Cowin V3
 2016 2025 1st Compact MPV
Pickup truck
Aika 爱卡
  • Chery Aika
 2012 2017 1st Pick up truck
Higgo 杰虎 – 2015 2017 1st Pick up truck
X6 X6 – 2022 2024 1st Micro truck
Youjin 优劲
  • Chery Q22B
  • Chery TransCab
  • Chery Awin
 2007 2022 1st Pickup truck

See also

[edit]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Karry

View on Grokipedia
from Grokipedia
Karry is a Chinese automotive brand specializing in light commercial vehicles, founded in 2007 as a business unit under Chery Commercial Vehicle Co., Ltd., operated independently by Chery Holding Group following the 2025 IPO of Chery Automobile. The brand focuses on providing efficient transportation solutions through its lineup of vans, mini trucks, pickups, and light trucks, with an increasing emphasis on new energy and intelligent vehicle technologies. Since its inception, Karry has developed a robust base in and expanded internationally, entering overseas markets in 2012. In 2024, an international company was formed under Commercial Vehicles, including Karry for light commercial vehicles. By leveraging 's extensive and partnerships with top global suppliers, Karry has grown to serve over 500,000 customers worldwide as of 2023. Its products, such as the Karry V4 van and electric models like the EV8, are designed for diverse applications including cargo transport and passenger services, featuring capacities up to 7.5 m³ and ranges of 275 km (NEDC) on electric variants. As of 2023, Karry vehicles are distributed in over 20 countries across , , , and beyond, supported by more than 300 sales and service outlets, with continued expansion thereafter. The brand continues to innovate in sustainable mobility, aligning with global trends toward and smart .

Company Overview

Founding and Headquarters

Karry was founded in 2007 by Chery Commercial Vehicle (Anhui) Co., Ltd., a of Chery Holding Group, as a dedicated brand for light commercial vehicles. This founding marked Chery's strategic push into specialized commercial transport, leveraging the parent company's manufacturing expertise to create a focused entity for non-passenger vehicles. As a wholly-owned of Chery Commercial Vehicle (Anhui) Co., Ltd.—itself formed in 2001—Karry was positioned to address growing demand in China's burgeoning and small business sectors. The company's headquarters are located in , Province, , the same base as Chery's primary operations. This central facility in encompasses extensive production lines for assembly and key (R&D) centers dedicated to innovation, enabling efficient integration with Chery's broader and technological resources. The location in , a hub for 's , supports Karry's operational scalability while benefiting from regional infrastructure advantages. From its inception, Karry specialized in light commercial vehicles, including multi-purpose vehicles (MPVs), mini vans, and mini trucks, targeting practical and cost-effective solutions for urban and rural transport needs. The brand was introduced under the name Karry to emphasize reliability and affordability in commercial applications, quickly establishing itself as a provider of accessible vehicles for small enterprises and fleet operators in .

Ownership and Operations

Karry operates as a wholly-owned brand and subsidiary of , which falls under the umbrella of Chery Holding Group Co., Ltd.. Following the January 2025 equity transfer and the subsequent September 2025 initial public offering of Chery Automobile Co., Ltd. on the , Chery Holding Group retained full ownership of its commercial vehicle operations, including Karry, severing capital ties with the spun-off passenger vehicle entity.. This structure ensures centralized governance within Chery Holding, with Karry focusing exclusively on development and production.. The company's operational scope centers on manufacturing light commercial vehicles such as vans, pickups, minibuses, and specialized cargo models, primarily at facilities in , Province, serving as the primary operational base.. As of 2025, Karry's production capacity supports an annual output exceeding 100,000 units across its lineup, bolstered by dedicated plants like the base with a capacity of 60,000 new energy vehicles annually.. Karry employs a specialized workforce integrated into Holding's broader talent pool, emphasizing engineering and assembly roles to meet growing demand for commercial mobility solutions.. Key operations involve streamlined manufacturing processes, including automated assembly lines for body construction, powertrain integration, and adaptations, all aligned with Chery's modular platform strategy.. Supply chain integration leverages Chery Holding's global network of over 100 tier-one suppliers for components like engines and , enabling efficient sourcing and just-in-time delivery to reduce costs and enhance reliability.. is maintained through certifications such as ISO 9001:2015 for and :2016 for automotive production, ensuring compliance with international standards across all facilities.. Financially, Karry generates revenue streams predominantly from domestic and export sales of light commercial vehicles, supplemented by after-sales services and parts distribution within Holding's ecosystem..

Historical Development

Early Years and Karry Auto (2007-2017)

In 2007, Automobile, founded in 1997 as a in , Province, entered the commercial vehicle market by establishing the Karry brand under its subsidiary Chery Commercial Vehicle (Anhui) Co., Ltd. This initiative aimed to diversify beyond passenger cars into light commercial vehicles, with Karry officially launching as a dedicated brand in 2009 to target and related segments. The brand's formation capitalized on 's growing production capabilities, setting the stage for focused development in the domestic market. Key developments during this era included the expansion of Karry's product lines from initial compact vans to encompass pickups, enhancing its portfolio for urban delivery and needs. Production lines were established at the facilities, integrating with Chery's broader manufacturing infrastructure to support scalable output of these vehicles. By , Karry introduced its first model, broadening its offerings and strengthening its position in China's sector. Milestones in internationalization began in 2010 with Karry's inaugural exports to , marking entry into the Latin American market, and to in . This was followed by further expansion, including a 2013 entry into via exports to and the initiation of the brand's first overseas complete knock-down (CKD) assembly project. By 2015, these efforts had consolidated Karry's foothold in and , contributing to growing overseas sales amid domestic consolidation. Karry encountered significant challenges in its early years, including fierce competition from established players in China's rapidly maturing industry, which intensified around 2010 and led to declining domestic sales for some manufacturers. Initial branding efforts required substantial investment to build recognition in a fragmented market dominated by joint-venture brands and local incumbents, testing Karry's ability to differentiate its .

Transition to Karry New Energy (2017-2023)

In 2017, Commercial Vehicle established Karry New Energy Holdings Co., Ltd. as a dedicated focused on developing and producing electric variants of its light commercial vehicle lineup, marking a pivotal and strategic pivot toward new energy vehicles (). This move positioned Karry as China's first manufacturer of new energy light commercial vehicles (), building on the foundational work of Karry Auto in conventional models. The transition was driven by China's national policies promoting , including subsidies and mandates under the 13th Five-Year Plan (2016-2020) that aimed to boost electrification to reduce emissions and foster domestic innovation in the automotive sector. Chery Group's broader electrification strategy, initiated with its own New Energy division in 2010, further accelerated this shift, emphasizing investments in battery technology integration and sustainable mobility solutions for commercial applications. Key initiatives during this period included the development of initial (BEV) prototypes, such as the K60 EV in 2017 (launched in 2018), which served as the starting point for Karry's electric portfolio. To support these efforts, Karry forged partnerships with leading EV component suppliers, including battery providers like for advanced lithium-ion and later sodium-ion technologies, ensuring reliable integration for LCVs. These collaborations enabled and testing, aligning with China's push for localized supply chains in NEV production. Milestones included the Youyou EV electric van entering the market in 2018, and the introduction of the first purpose-built electric model in 2019. By 2023, these developments contributed to Karry serving nearly 100,000 customers worldwide, with forming a growing share of sales amid Chery Group's overall NEV penetration reaching approximately 19% in the first half of the year.

Recent Milestones and Spin-Off (2024-2025)

In 2024, Karry expanded its electric offerings through partnerships, such as an exclusive authorized dealer agreement with EV Motors in in November, formalizing distribution of its all-electric commercial fleet and marking a foothold in the market for sustainable mobility. A key milestone occurred in June 2024 with the launch of the Lingmi Truck sub-brand, targeted at green transport capacity and services, including specialized light-duty electric trucks for diverse needs. This initiative expanded Karry's portfolio into innovative, eco-friendly sub-segments, supporting broader adoption of electric . Later that year, in December, Karry hosted a prominent exhibition in on December 31, where it unveiled its latest series of commercial vehicles, drawing interest from regional stakeholders and underscoring its expanding presence in . This event highlighted Karry's focus on adapting electric solutions to emerging markets with varying infrastructure demands. Entering 2025, Karry introduced its 2025 affordable vehicle line, setting a new benchmark for cost-effective commercial options with modern design, reliable performance, and value-driven features tailored for small businesses and fleets. The brand also participated in the International User Summit held in October 2025 in , , under the theme "Co-Create, Co-Define," collaborating with over 3,000 global participants to shape future mobility innovations. These developments were bolstered by corporate restructuring following Chery's landmark IPO on the in September 2025, which raised HK$9.14 billion and resulted in the spin-off of Karry and to operate independently under the Chery Holding Group. This enhanced autonomy facilitated streamlined global operations and accelerated investment in technologies.

Product Portfolio

Current Models

Karry's current lineup, as of 2025, focuses primarily on battery electric vehicles (BEVs) designed for commercial applications, with select () models still available, emphasizing urban logistics, delivery, and light trucking. The portfolio includes modular vans and mini trucks tailored for efficiency, with battery capacities ranging from 32 kWh to over 100 kWh, enabling ranges typically between 200-310 km under CLTC standards. These models incorporate Chery's ACTECO powertrain technology for reliable performance and integrate advanced driver assistance systems (ADAS) at Level 2 or higher in select variants. The , introduced in 2019 and still in production, is a compact BEV van optimized for last-mile delivery in urban environments. It features a 43.5 kWh , delivering a CLTC range of approximately 270 km, with a maximum speed of 100 km/h and a capacity of up to 1,070 kg. Dimensions measure 5,457 mm in length with a 3,380 mm , providing 7.5 m³ of cargo volume, and it uses an 80 kW paired with the ACTECO system for smooth acceleration. The model supports fast charging and includes basic safety features like . The series, launched in 2022, comprises modular BEV in E5, E6, and E7 variants, targeting flexible urban delivery needs with customizable configurations for or use. Battery options span 32-60 kWh, offering CLTC ranges from 250-310 km depending on the model; for instance, the E7 variant with a 41.86 kWh pack achieves 310 km and supports up to seven seats in mode. These measure around 5,150 mm in with a 3,250 mm , a 2.5-ton in setups, and integrate L2+ ADAS including and lane-keeping assist. Powered by 60-80 kW motors from the ACTECO lineup, the series emphasizes for quick body swaps between van and box configurations. The Little Elephant, available since 2022, serves as a BEV mini truck for logistics and short-haul transport, building on the Porpoise platform with a focus on open-bed versatility. It offers an 800 kg payload, a 55.7 kWh battery for a 251 km CLTC range, and integration with the Chery ACTECO powertrain delivering 85 kW and 256 Nm torque. Cargo dimensions reach 3,815 mm x 1,820 mm x 380 mm in the X7 variant, with a gross vehicle weight of 3,495 kg and a top speed of 80 km/h. Safety features include collision avoidance and hill-start assist, making it suitable for e-commerce and agricultural applications. Karry's 2025 lineup introduces affordable BEV models like the EV6 and EV8 , blending sleek with enhanced for global markets, including 230-275 km NEDC ranges and volumes of 5.8-7.5 m³. These build on prior models with improved and connectivity features, priced starting around $29,900 for variants. The V4, launched in October 2024, is an van with a 1.5L displacement , offering 8 or 11 seating configurations and 4.6 m³ volume, designed for passenger and light commercial use. The X6, introduced in 2022, is a light-duty gasoline with a 1.6L producing 122 hp, available in single or double cab configurations, a of up to 1,000 kg, and dimensions of approximately 5,000 mm in length, suitable for urban and rural logistics. The Q22, a compact van in production since 2016 and updated for 2025, features a 1.5L , 5-7 seats, and capacity up to 4.2 m³, targeting affordable urban . Under the Lingmi Truck sub-brand, launched in 2024, initial releases include specialized trucks like the 4.5T model for zero-emission urban compliance, featuring up to 100.46 kWh batteries and 5-ton capacities for heavier-duty . These entered markets like the in early 2025, focusing on long-haul efficiency with GVW up to 5,995 kg.

Discontinued Models

Karry's discontinued models primarily consist of (ICE) vans and pickups introduced during the company's early years under Automobile, which were gradually phased out as part of the broader transition to electric vehicles (EVs). The Youyi, launched in 2007, was a box van derived from passenger car platforms and remained in production until 2020, when it was discontinued to facilitate the development of EV upgrades within the Karry lineup. The Youya, a micro van designed for both passenger and commercial applications, entered production in 2009 and continued until 2018, ultimately phased out due to stringent emissions regulations such as 6 standards that older platforms could not easily meet. Similarly, the Aika pickup, a light-duty introduced in 2010, was discontinued as Karry prioritized over further investment in combustion-based commercial vehicles. Other notable discontinued vans include the Youyou and K5, which spanned production from 2007 to around 2023 and were replaced by their (BEV) equivalents as part of Karry's strategic pivot. This shift reflects broader discontinuation trends at Karry, where the focus moved to EVs by 2024, with the last model ceasing production in 2023 to align with Commercial Vehicles' new energy initiatives.

Global Presence

Export Markets and Expansion

Karry's international expansion began in earnest in 2012, with initial exports to marking its entry into and to signifying its first foray into . These early shipments focused on commercial vehicles suited to regional demands, such as multi-purpose vehicles (MPVs) and mini trucks, laying the groundwork for broader global outreach. By 2013, Karry extended its presence to through exports to , where it established its inaugural overseas completely knocked-down (CKD) assembly project to facilitate localized production and reduce import barriers. A pivotal milestone came in December 2019, when Karry officially launched its brand in alongside the MPV and Youjin models, targeting urban logistics and needs in the region. This event underscored Karry's strategy of adapting vehicles to local specifications, including compliance with regional safety and emissions standards. Expansion continued into the and further Southeast Asian markets, with products like the Yoki exported to support diverse applications from delivery services to light hauling. In , Karry hosted a major exhibition in on December 31, 2024, unveiling updated series to attract distributors and highlight its new energy offerings for emerging markets. In 2025, Karry entered with the launch of electric vans KE-Van 1 and KE-Van 2 at the NAIMA Mobility Expo in August, expanding into . To accelerate growth, Karry formed strategic partnerships, including a 2023 collaboration with Quhuo International to develop operational models for international dealers, integrating sales, rentals, and data services via a digital platform. In 2024, the establishment of Commercial Vehicles International, encompassing the Karry brand, facilitated the global rollout of models like the V4 , emphasizing efficient logistics solutions. Looking ahead, Karry's 2025 initiatives include expanding dealer networks into and deepening penetration in emerging markets through the Global Distributor Conference, with targeted entries like the Lingmi in the to capitalize on demand for affordable, adaptable new energy vehicles.

Sales Performance and Dealer Networks

Karry's sales in the Chinese market have remained modest, reflecting its niche focus on light commercial vehicles amid intense competition. In September 2024, the brand recorded 28 units sold, entirely comprising battery electric vehicles (BEVs) such as the K60 EV, indicating a shift toward with year-to-date sales reaching 404 units. Full-year 2024 sales totaled 541 units, a decline from historical peaks, such as the 54,900 units for the K60 model in 2017, underscoring challenges in sustaining volume post-transition to new energy models. Cumulative sales since the brand's inception in exceed several hundred thousand units, driven primarily by early commercial minivan and van offerings, though exact totals are not publicly aggregated beyond model-specific data. Globally, Karry's export volumes have shown steady growth, particularly in commercial segments, as the brand leverages Chery's international infrastructure. By the end of 2023, exports had expanded to over 20 countries, with demand peaking in regions like and the . In 2024, new market entries contributed to rising overseas shipments, aligning with Chery's overall export surge of 21% to 1.145 million units, where Karry's electric commercial lineup played a supporting role. Projections for 2025 suggest continued export momentum, potentially comprising a larger share of total sales amid global demand for affordable EVs, though specific Karry figures remain below 30,000 units annually. Karry's dealer networks have expanded to support this growth, with over 300 sales and service outlets worldwide by the end of 2023, concentrated in emerging markets. Exclusive agreements, such as the 2024 partnership with EV Motors for , have strengthened distribution in new regions, focusing on electric commercial vehicles. These networks emphasize after-sales support for light-duty EVs, aiding adoption in and urban delivery sectors. Performance trends in 2025 have been positively influenced by Group's IPO on the , which raised up to HK$9.15 billion and fueled a 38.4% sales increase to 2.6 million units in , with forecasts exceeding 3 million for 2025. As of October 2025, Group YTD sales reached 2.54 million units, on pace to meet projections, though Karry-specific data for 2025 shows continued modest volumes. For Karry, this has translated to enhanced investment in EV production, though challenges persist with slower-than-expected commercial EV adoption rates in both domestic and markets, limiting broader scale-up.

Technological Focus

Electric Vehicle Transition

Karry's electric vehicle transition began in 2017 with the establishment of Karry New Energy, a dedicated division under Chery Commercial Vehicles that positioned the brand as China's first manufacturer of new energy light commercial vehicles (LCVs). This move was spurred by national policies, including China's dual-credit system implemented in 2018, which requires automakers to earn credits for producing new energy vehicles (NEVs) to comply with corporate average fuel consumption standards, thereby incentivizing a shift toward electrification. By 2024, Karry accelerated its commitment to battery electric vehicle (BEV) production, integrating new energy products into its international expansion strategy alongside continued ICE offerings. The technical shift centered on adopting Chery's electric drive systems, featuring multi-power configurations and motor efficiencies reaching 97%, enabling efficient performance in commercial applications. Battery sourcing was addressed through collaborations with suppliers like , providing high-capacity batteries that support ranges suitable for urban logistics and light-duty transport. Karry also emphasized compatibility with evolving charging infrastructure, aligning its vehicles with national and global networks to enhance operational reliability for fleet operators. Environmentally, Karry's pivot to BEVs has contributed to substantial emissions reductions in the sector, with electric models eliminating tailpipe pollutants and supporting China's carbon neutrality targets by 2060, while aligning with international frameworks like the . The brand's focus on efficient electric LCVs helps lower the overall of urban delivery and , promoting greener supply chains. Key challenges included securing stable battery supply chains amid global raw material shortages and price volatility, which Karry mitigated via long-term partnerships with to ensure consistent access to critical components. To preserve affordability, the company leveraged shared platforms and modular within the Chery ecosystem, reducing production costs compared to early EV iterations and keeping entry-level models competitive for small businesses.

Innovations and Sub-Brands

Karry has advanced its technological capabilities through a focus on intelligent systems, integrating L3 and L4 autonomous features across its lineup to enhance and in commercial applications. These innovations emphasize platformization and connectivity, allowing for seamless integration of advanced driver assistance systems (ADAS) that support higher levels of in urban and environments. In November 2025, Karry partnered with QCraft to integrate L4 autonomous into commercial for applications. In parallel, Karry has pioneered smart solutions, including systems designed for , which enable real-time monitoring, route optimization, and to reduce downtime and operational costs. These integrations are particularly evident in the company's new energy vehicles, where data-driven insights support sustainable fleet operations and align with broader goals. A key sub-brand extension is Lingmi , unveiled in June 2024 as a dedicated line of specialized trucks tailored for heavy-duty adaptations in and . Launched globally with models like the Jiangtun E5 and Xiaoxiang X3, Lingmi emphasizes high-efficiency batteries offering extended range and a 1 million kilometer , redefining standards for green, intelligent long-haul solutions. The sub-brand's entry into the market on March 1, 2025, marks a significant step in expanding heavy-duty accessibility. Karry's R&D efforts are bolstered by close collaborations within the Chery Group, leveraging shared expertise in powertrain technologies to adapt efficient electric systems for commercial vehicles. This includes innovations in battery efficiency and aluminum body construction, which enhance vehicle lightweighting and energy management without specific reliance on traditional engine adaptations like ACTECO, focusing instead on pure EV architectures. Looking ahead to 2025, Karry anticipates further advancements through the Group's solid-state battery developments, aiming to integrate higher solutions (up to 600 Wh/kg) for extended range in its electric lineup, potentially previewing (V2G) compatibility in future models to support grid stability. These efforts underscore Karry's commitment to high-impact R&D in sustainable mobility.

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  60. https://carnewschina.com/2025/10/19/chery-unveils-600-wh-kg-solid-state-battery-module-targeting-1300-km-range/
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