Changan Auto expects annual NEV sales to surpass 1 million units in 2025

Shanghai (Gasgoo)- Chongqing Changan Automobile Co., Ltd. (Changan) plans to launch 21 all-new intelligent all-electric vehicle models within five years and expects its annual new energy vehicle (NEV) sales to reach 1.05 million units by 2025, Wang Jun, President of Changan, said at the 2021 World New Energy Vehicle Congress (WNEVC).

President of Chongqing Changan Automobile Co., Ltd. Wang Jun; photo credit: WNEVC

The expectation on the NEV sales is in line with the sales target Changan announced in late August at its 2021 Tech Ecosystem Summit. The automaker claimed then it aimed to sell 3 million vehicles in 2025, 35% of which would be NEVs.

For the transition towards an intelligent low-carbon mobility technology company, Changan has built three new EV-dedicated platforms, namely, the EPA0, the EPA1, and the EPA2, and released the high-end intelligent car platform “MPA Ark Architecture” that can serve A- to C-segment models, according to Mr. Wang. Meanwhile, Changan will work energetically on building the “SDA Architecture”, a super digital platform for smart cars.

Wang Jun said Changan invested around 10 billion yuan ($1.555 billion) in in-house R&D businesses during the recent 5 years, and has grasped over 500 smart low-carbon technologies.

In the future, the Chongqing-based automaker will plow at least 5% of its revenue per year in R&D works, striving to develop the “6337” technical capabilities, including six layers (mechanical layer, energy layer, electrical/electronic architecture, operating system, application software, and cloud-based big data), three operating systems (intelligent manufacturing, intelligent management, and intelligent product), three digital operation bases (cloud, network, and platform), and seven core patents and technologies related to the likes of chip, map, and cloud.