Chuchu, a subsidiary of Beijing Tianwei Technology, has announced its latest developments in the field of electric vehicles. On March 24, 2025, the company aims to achieve a significant milestone, with revenue projections showing an annual increase exceeding 100 billion yuan by 2024. This growth reflects the increasing demand for electric vehicles in China, where the market is expected to see a rise in the number of new energy vehicles to approximately 427 million units.
According to the China Gold Report, it is anticipated that Chuchu’s revenue will reach 402.54 billion yuan in 2024, indicating a growth of 34% compared to previous years. The company’s strategy focuses on leveraging advanced technologies, including AI integration in its manufacturing processes, to enhance operational efficiency and product quality.
In addition to vehicle sales, Chuchu is actively expanding its market presence in the AI and autonomous driving sectors, with plans to launch several new models equipped with cutting-edge technology. The company is also committed to sustainable practices, striving to reduce carbon emissions in its operations.
As part of its future outlook, Chuchu estimates that by 2025, its AI-powered systems will significantly enhance vehicle performance and safety features, positioning the company as a leader in the electric vehicle market. The anticipated growth trajectory is supported by an ongoing commitment to innovation and customer satisfaction.
In summary, Chuchu is set to make a substantial impact in the electric vehicle industry, with a focus on sustainable development and technological advancement. The company aims to meet the growing demand for new energy vehicles in China, leveraging its resources to create a more efficient and environmentally friendly automotive sector.
