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Changan Auto 2024 Performance & 2025 Sales Targets
Changan Auto recoreded a sales volume of 2.683 million units in the whole year last year, marking its fifth consecutive year of growth and a seven-year high.
When looking into its sub-brands sales performance, Autocango noticed that the automaker’s yearly sales was driven by its self-owned brands, such as Changan, Deepal, Qiyuan brands, while its joint ventures, Changan MAZDA and Changan ford lagged behind. Data shows that Changan self-owned brands contributed over 80% of its total sales in the year of 2024.
Additionally, the sales of Changan’s new energy vehicles has been increasing, while the sales of gasoline vehicles has faced dramatic decrease. According to market data, Changan’s new energy vehicles (NEVs) surgedto 733,000 units in 2024, marking a year-on-year surge of52.4%.
How will the automaker plan for 2025? Announced by Changan Auto, the company is expecting 3 million vehicles sold globally in 2025, and targeting ¥300 billion in revenue.
Sub-Brand Breakdown
Here Autocango listed all the sub-brands under Changan, let’s check how they perform in 2024, and how will they leverage in 2025 to achieve a higher sales volume.
Sub-Brand | 2024 Sales | 2025 Target | Key 2025 Models | Competitive Edge |
|---|---|---|---|---|
Changan | 1,209,000 units | Undisclosed | CS75PLUS, UNI-V | · New Blue Whale high-pressure direct-injection engine · Aisin 8AT transmission · Intelligent energy management system |
Deepal | 240,000 units | 500,000 units | Deepal S09 (full-size SUV) rivaling Li Auto’s L9 and Aito’s M9 | · Huawei HarmonyOS cockpit · Huawei Qiankun ADS 3.0 autonomous driving · Deepal Super Extended-range Hybrid System |
Avatr | 73,000 units | 220,000 units | Avatr 06 (mid-size sedan) | · Dual powertrains (BEV/EREV) · Huawei ADS integration |
Qiyuan | 146,000 units | Undisclosed | Qiyuan C798 (mid-size SUV), Qiyuan Q07 | · SDA Tianshu Architecture and Large Model · Tianheng Smart Chassis |
Changan MAZDA | 76,000 units | Undisclosed | MAZDA EZ-6 | |
Changan Ford | 247,000 units | Undisclosed | Explorer, Edge L, Mondeo | N/A |
Tech Revolution
Changan is betting on software-defined vehicles (SDVs) to capture the market. On February 9th, Changan Auto officially launched the "Dubhe Plan 2.0," focusing on four core areas of digital intelligence: products, operations, manufacturing, and ecosystem. It will mainly achieve in three key places: autonomous driving, smark cockpit, and battery technology.
Key innovations will be as follows:
Key innovations | Highlights |
|---|---|
Autonomous Driving | · L3 systems - mass-market models · L4 - premium lines |
Smart Cockpit | · Multi-modal AI interaction · 5G connectivity · SDA Tianshu Architecture and Large Model |
Battery Tech | · Pulse heating technology co-developed with CATL · Separator-free solid-state battery co-developed with Talent New Energy |
Changan Global Strategy 2025
In terms of overseas markets, Changan will accelerate its global strategy.
In 2024, Changan overseas sales hit 536,000 units (+49.6% YoY). According to its global strategy, Changan targets 1,500,000 units sold overseas by 2030. 2025 is vital for Changan.
At the beginning of 2025, Changan will send seven teams of staff to five big region worldwide for market research. How about its plans for localized plant construction and model launched overseas?
- Overseas Plants
In Southeast Asia, Changan’s Rayong plantin Thailand will complete construction in Q1 2025 with first phase of annual capacity hiting 100,000 units, targeting ASEAN, Australia, and the UK markets. Menwhile, KD projects in Kazakhstan and Uzbekistan will start production by 2025.
- Models Released on Overseas Markets
In terms of model launch, Changan will officially enter European auto market. Although we can’t learn the specific models or brands to be launched in Europe, we will focus on related news. Besides, Changan will introduce Changan brand, Deepal, Avatr into Middle East and Africa markets.
Huzhou
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