China Auto Daily丨 Changan to Enter European Market in 2025

Changan set to enter the European market in 2025; Deepal hits 400,000 vehicle milestone; Tesla refutes Cybertruck launch rumors; BYD initiates 3 billion yuan educational charity fund.

cls · 2024-12-31

Zhu Huarong: Changan to Officially Enter the European Market in 2025

On December 29th, the 2025 Changan Automobile Global Partner Conference was held in Chongqing. Changan Automobile Chairman Zhu Huarong pointed out that next year, the company will undertake five major initiatives overseas: first, the production start of the Southeast Asia Rayong factory, marking the official entry of Changan's globalization strategy into phase 2.0; second, the holding of a European brand launch conference, officially entering the European market; third, the official production start of KD projects in the Commonwealth of Independent States region (such as Kazakhstan, Uzbekistan, etc.); fourth, the completion of the establishment of a subsidiary in Brazil in Central and South America; and fifth, the comprehensive introduction of the CHANGAN, DEEPAL, and AVATRA brands in the Middle East and Africa.

Deepal's 400,000th Vehicle Rolls Off the Assembly Line

On December 30th, Deepal officially rolled off its 400,000th vehicle, achieving the leap from "0 to 400,000" in just 29 months. In December, Deepal's deliveries exceeded 36,000 units, with the annual delivery volume for 2024 surpassing 240,000 units. In 2025, Deepal aims to race towards a global sales target of 500,000 units, with the domestic market expected to reach 400,000 units and the overseas market 100,000 units. According to plans, Deepal will arm its entire lineup with L2.5+ intelligent driving system in 2025. On the same day, the Deepal Classic·SL03 was officially launched, with a fixed price of 119,900 yuan, and a limited release of 4,000 units.

Cybertruck to be Introduced to China Tomorrow? Tesla China Denies, but the Official Website Has New Listings

As 2025 approaches, rumors that "Tesla Cybertruck will be launched on January 1, 2025" have spread rapidly in the market. In response to the above news, Tesla China recently refuted to journalists, stating: "False news." However, it is worth noting that Tesla China's official website has already included the Cybertruck in its vehicle list, indicating three model configurations: Cyberbeast Beast Edition, All-Wheel Drive Edition, and Rear-Wheel Drive Edition. Regarding the price, Tesla's official website has not disclosed it, only showing "More information will be provided in 2025."

BYD Launches 3 Billion Yuan Education Charity Fund

On December 30th, BYD held the launch ceremony for its 3 billion yuan education charity fund and donated the first batch of educational charity funds to 35 universities and 28 science and technology museums across the country. It is reported that BYD plans to establish scholarships in collaboration with over a hundred universities nationwide, targeting science and technology museums, museums, and some schools, BYD will donate new energy vehicle technology popular science exhibits to promote the enlightenment and popularization of new energy vehicle technology.