Chery Expands EV Strategy With New iCAR SUV Brand Launch in 2026
In a decisive move to capture the growing global market for rugged, lifestyle-oriented electric vehicles, Chery Group is accelerating its electrification strategy with the official launch of its new brand, iCAR. The brand's debut model, the iCAR V27, is set to hit the market on March 13, 2026, bringing a powerful combination of extended-range electric technology, advanced driver-assist features, and genuine off-road capability to the mid-size SUV segment .
Introducing iCAR: A New Creative Mobility Brand
iCAR is positioned as a "creative mobility" brand under the Chery Group umbrella, targeting younger consumers who value individuality, design, and lifestyle integration . The brand's philosophy, "Classic Never Fades," blends timeless boxy design cues with cutting-edge technology, creating vehicles that are both expressive and functional . This move diversifies Chery's portfolio beyond its mainstream passenger vehicles and allows it to compete directly with other popular "boxy" SUVs in the market .
The brand's global ambitions were evident early, with the first batch of iCAR V27s already destined for markets in the Middle East, showcasing the model's international appeal . Alongside the rugged V27, iCAR has also introduced the more urban-focused V23 in markets like Indonesia, demonstrating the brand's versatility .
The iCAR V27: A Tech-Forward, Rugged EREV
The centerpiece of this launch is the iCAR V27, a five-seat, large SUV built on a dedicated "boxy" platform. Mass production of the V27 began in January 2026 at Chery's Wuhu Super Factory, signaling the company's readiness for a full-scale market rollout . The V27 measures an imposing 5,055 mm in length, 1,976 mm in width, and 1,894 mm in height, with a 2,910 mm wheelbase that promises a spacious interior .
Powertrain and Performance
The V27 utilizes a "Super Gold" range-extender (EREV) system, pairing a 1.5-liter turbocharged engine (acting as a generator) with a 34.3 kWh lithium iron phosphate (LFP) battery pack from CATL . It is offered in two powertrain configurations:
The AWD version produces a formidable 505 Nm of torque . The CLTC-rated pure electric range is 210 km for the RWD version and 200 km for the AWD model. With a full tank of fuel and a full battery, the combined range surpasses an impressive 1,200 km, effectively eliminating range anxiety for long-distance travel .
AI-Powered Driving Assistance
A defining feature of the V27 is its advanced "Falcon 700" driver-assistance system, developed in close partnership with Horizon Robotics . It is the first mass-produced model to integrate Horizon's SuperDrive (HSD) system, powered by the Journey 6P chip .
- Unprecedented Computing Power: The Journey 6P chip delivers 560 TOPS (Trillion Operations Per Second), specifically optimized for Transformer-based large AI models .
- "One-Stage" End-to-End Architecture: HSD uses a single neural network to handle perception, prediction, and planning, allowing for faster and smoother decision-making. The system's reaction time is 42% faster than the average human driver, with a decision latency of just 160 ms .
- Full-Scene Capability: With 27 high-precision sensors, including a roof-mounted LiDAR, the system enables high-level navigation on both city streets and highways, as well as advanced parking assistance. It has been tested in challenging environments, from Chongqing's mountain roads to Beijing's traffic .
Off-Road Credentials
Despite its tech focus, the V27 is built for adventure. It features a reinforced frame and underbody protection, with 220 mm of ground clearance and a 600 mm wading depth . The i-AWD "鬣蜥" (Monitor Lizard) four-wheel-drive system and MRC magnetic ride suspension ensure capability on light to moderate off-road trails, balancing urban comfort with weekend utility .
The interior is designed for both durability and comfort, featuring a 15.4-inch floating central touchscreen and an 8.8-inch embedded digital instrument cluster, powered by a Qualcomm 8295P chip for seamless infotainment . The boxy shape provides a 69.9% space efficiency ratio, and the rear seats fold flat to create a "big bed room" for camping .
A Coordinated Global and Regional Push
The iCAR brand launch is a key pillar of Chery's broader 2026 strategy, which is playing out across the globe.
Global Ambitions and Market Positioning
Chery Group recorded global sales of over 2.8 million units in 2025, with new energy vehicle sales jumping nearly 55% year-on-year . The company plans to introduce seven new products globally in 2026, covering ICE, hybrid, and EV powertrains . The iCAR V27 is expected to be priced in the RMB 200,000-300,000 range (approximately USD 28,500-43,500), positioning it against popular domestic competitors like the BYD Leopard 5 and Tank 300 Hi4-T .
Aggressive Expansion in Southeast Asia
Indonesia is a key market for Chery's expansion. At the Indonesia International Motor Show (IIMS) 2026, Chery not only debuted the iCAR brand and the iCAR V23 urban EV but also announced plans to expand its dealer network to 120 outlets in the country to support aftersales and customer experience . The limited iCAR V23 Pro Plus was offered at a premium price of Rp 789 million for only 23 customers, creating exclusivity for early adopters .
What This Means for Consumers
Looking Ahead: iCAR's Place in Chery's Future
The launch of iCAR and the V27 signals Chery's commitment to capturing the lifestyle and tech-savvy segments of the global EV market. By creating a sub-brand with a distinct identity and backing it with substantial investment in AI and robotics (through AIMOGA Robotics) and advanced manufacturing, Chery is positioning itself as more than just an automaker—it's aiming to be a comprehensive technology company for future mobility .
With its combination of bold design, long-range EREV technology, and cutting-edge driver assistance, the iCAR V27 is set to challenge established conventions in the SUV segment. Its official launch on March 13 will be a key moment to watch for the automotive industry .