Gasgoo Munich - Changan Automobile (000625) released its January 2026 production and sales figures on the evening of February 4. The data shows sales slumped to 134,700 units — a 51.14% plunge from the previous year. Overseas sales, meanwhile, reached 43,600 units.
Image Source: Screenshot of Changan Auto's January Production and Sales Report
Within its self-owned brand segment, production edged down to 131,900 units in January, while sales tumbled 58.46% to 100,100 units. New energy vehicles (NEVs) told a different story: production climbed 13.28% year-on-year to 53,100 units, though sales lagged, falling 45.74% to 36,600 units. Changan's portfolio currently includes Avatr, Deepal, Qiyuan, Changan, and Kaicheng — with the first three serving as the primary pillars for its NEV strategy.
Separately, Changan outlined a fundraising plan on December 29, 2025, aiming to raise up to 6 billion yuan by issuing A-shares to specific investors. Its indirect controlling shareholder, China Changan Automobile Group Co., Ltd., will fully subscribe to the offering in cash. The capital is earmarked for two key areas: developing new energy models and digital platforms — covering multiple sedans and SUVs, along with smart driving and cockpit systems — and constructing a global R&D center. The latter includes a Phase II facility in Chongqing's Jiangbei District and an intelligent testing base to validate future "new automotive" products.
The combination of slumping sales figures and the aggressive fundraising plan underscores a clear strategy: Changan is doubling down on new energy and smart technologies even as it navigates intense market pressure.
