China Auto Daily丨Chery Automobile Begins HKD 140 Billion Bookbuilding September 17

Chery Automobile to Launch Bookbuilding on September 17 with Target Valuation of HKD 140 Billion  

Chery Automobile is set to commence its bookbuilding process on September 17, targeting a valuation of HKD 140 billion, according to a report dated September 16. The move follows the company’s successful hearing on September 7 and subsequent global pre-marketing roadshows. Trading is expected to begin in late September.

Stelato S9T Launched with Prices Starting at RMB 309,800 (approx. USD 43,000)  

The Stelato S9T officially debuted on September 16, offering four variants with starting prices of RMB 309,800 (approx. USD 43,000) for the extended-range version and RMB 329,800 (approx. USD 45,800) for the pure electric model. Deliveries are scheduled to begin on September 21. Built on Huawei’s all-new TURING Platform, the model comes standard with a 5-level adjustable intelligent air suspension and continuous damping control. It also incorporates an upgraded six-in-one integrated architecture and motion sickness mitigation system 2.0. Equipped with Huawei’s ADS 4 advanced driving system and 36 high-precision sensors, the S9T will receive an OTA upgrade to the enhanced Qiankun ADS 4 on September 30. The pure electric variant delivers a CLTC-rated range of up to 801 km, while the extended-range version reaches 1,305 km.

2026 Voyah Dreamer Launched at RMB 329,900 (approx. USD 45,800)  

The 2026 Voyah Dreamer has officially entered the market, with prices ranging from RMB 329,900 to RMB 439,900 (approx. USD 45,800–61,100). It is the only NEV MPV to combine an 800V high-voltage system, 5C ultra-fast charging, a 62.5 kWh large battery, Huawei ADS 4, Harmony Cockpit 5.0, and rear-axle steering. As the world’s first 800V intelligent plug-in hybrid MPV, it achieves a pure-electric range of 350 km—the highest among hybrid MPVs. Its 5C ultra-fast charging enables a 20% to 80% recharge in just 12 minutes, making it the fastest-charging hybrid MPV globally.

*(Exchange rate: RMB 7.2 = USD 1)*