Changan Automobile sets annual sales target of 2.8 million vehicles in 2024

Beijing (Gasgoo)- Changan Automobile's 2024 Global Partners Conference, held in Chongqing on January 16, showcased the company's comprehensive review of past successes and in-depth analysis of future industry trends. 

Photo credit: Changan Automobile

With over 30 proprietary technologies, including the industry-first APA 7.0 (Automated Parking Assist), Changan Automobile has garnered robust technological growth. In collaboration with Huawei, Changan aims to lead the global automotive intelligent driving system and components industry. Moreover, the company also formed strategic synergies with over 30 key enterprises, focusing on high-value technology advancements, positioning China at the forefront of automotive intelligence.

Complementing its technological strides, Changan officially unveiled the "Vast Ocean Plan" in 2023, outlining overseas development goals and driving the global "1+5+2" layout. Changan’s products are now successfully distributed in 63 countries and regions, entering markets such as Russia, Saudi Arabia, Chile, and Mexico.

In a significant move, Changan held a brand launch event in Bangkok last year, introducing the two signature DEEPAL models to the Thai market. Concurrently, the company initiated its first overseas base, the "Thailand New Energy Base," emphasizing Changan's proactive expansion and consolidation of its leading position in international markets.

E07; photo credit: Changan NEVO

Changan Automobile also disclosed at the conference that the Changan NEVO E07, the first vehicle riding Changan's SDA Super Platform architecture, will begin large-scale production in October 2024. The model integrates customized solutions in hardware and software across "Smart Brain," "Smart Body," and "Smart Service," and stands as a pinnacle in Changan's pursuit of smart, next-gen vehicles.

Looking ahead to 2024, Changan Automobile set an annual sales target of 2.8 million vehicles, with 2.204 million under its wholly-owned brands and 480,000 vehicles for overseas sales. Specifically, the Changan NEVO, DEEPAL, and AVATR new energy vehicle brands each ascribe to 250,000 units, 280,000 units, and 90,000 units of the annual target sales volume, respectively.       

In addition, the automaker will work strictly to its schedule in new product development, ensuring to launch 8 all-new new energy vehicle products in 2024.