Ecotech expects revenue and sales to achieve leapfrog development in 2024

Ecotech, as the core powertrain subsidiary of Chery Group, achieved a leapfrog development in revenue and sales in 2024. The company's annual revenue in 2024 was close to 40 billion yuan, the cumulative sales of engines in the past three years exceeded 4 million units, and the sales of new energy hybrid transmissions exceeded 300,000 units in 2024, a year-on-year increase of more than 100%.