Latest news with #ChanganAutomobile
Associated Press
13-06-2025
- Automotive
- Associated Press
New Central SOE Mechanism Upgraded, AVATR Enters A New Stage of High-quality Development
Chongqing, China, June 13, 2025 -- With the restructuring of China South Industries Group Corporation completed, Changan Auto officially became an independent central SOE under the direct supervision of the State-owned Assets Supervision and Administration Commission of the State Council. As the high-end new energy brand under Changan Auto, AVATR simultaneously entered the new central SOE operation system, marking a key leap in system optimization and strategic advancement. Changan Automobile and CATL serve as the first and second largest shareholders respectively, with Changan Automobile holding a 40.99% stake and CATL holding 14.1%. Following the implementation of the 'new central SOE' system, the synergy momentum of this open cooperative model will be further released, laying a solid foundation for AVATR's next stage of product evolution, technology implementation, and global expansion. Media experienced AVATR at Chongqing Auto Show Currently, AVATR has launched four major models over three years, covering both BEVs and REEVs. As of May 2025, AVATR's cumulative sales exceeded 150,000 units, with monthly deliveries surpassing 10,000 units for three consecutive months, an average selling price of RMB 270,000, securing its place among leading brands in the premium intelligent EV market. Leveraging the resource integration efficiency and organizational execution brought by the 'new central SOE' mechanism, the brand's product deployment and market responsiveness are expected to improve continuously. In terms of design, AVATR has always adhered to 100% original expression, forming a highly recognizable futuristic aesthetic design language. On the technology front, AVATR possesses leading technologies such as the self-developed 'Kunlun Intelligent REEV System' and 'Taihang Intelligent Chassis'. With the support of the new central SOE system, AVATR's original design and technological advantages will be further translated into market competitiveness, providing strong momentum for the brand's high-quality development. Media reviewed AVATR 06 On the capital side, AVATR completed a Series C financing exceeding RMB 11 billion in 2024, the largest single financing project for a Chinese smart car company that year. After entering the new central SOE system, the brand will gain more stable support in terms of institutional assurance and resource integration, further improving capital operation efficiency and strategic implementation capabilities. Media covered AVATR at Chongqing Auto Show Looking ahead, AVATR will accelerate the construction of a complete high-end intelligent product matrix under the 'new central SOE' system. In 2026, it will launch a million-level six-seat flagship SUV to further enhance the luxury attributes of its products. By 2030, it will release 17 all-new models, covering sedans, SUVs, MPVs, and sports cars. In overseas markets, AVATR plans to enter over 50 countries and regions in 2025, establish more than 160 sales channels, and aim for overseas sales of 15,000 units; By 2027, that number will increase to 60,000 units. In terms of global sales, AVATR is expected to exceed 800,000 units by 2030 and reach 1.5 million units by 2035. Media attended AVATR launch event At this new starting point as a 'new central SOE', AVATR will receive multi-faceted support in the system, talent, capital, and industrial collaboration, and continue advancing high-quality development driven by original design and leading technologies, steadily moving toward the goal of becoming a global leader in high-end intelligent electric vehicles. About AVATR AVATR is a high-end intelligent electric vehicle brand under AVATR Technology, focusing on research and innovation in the field of future mobility. With forward-looking design and warm technology, we continuously create travel experiences that lead the future. The company is headquartered in Chongqing, China, with branches in Shanghai and Munich, Germany. Contact Info: Name: Mr. Hansen Li Email: Send Email Organization: Public Relations Department, AVATR Address: 10th Floor, Tower A, Phase 1, Financial Street, No. 1539 Zhongxing Road, Jing'an District, Shanghai Website: Release ID: 89162267 In the event of encountering any errors, concerns, or inconsistencies within the content shared in this press release, we kindly request that you immediately contact us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will be readily accessible to address your feedback within 8 hours and take appropriate measures to rectify any identified issues or facilitate press release takedowns. Ensuring accuracy and reliability are central to our commitment.
Korea Herald
11-06-2025
- Automotive
- Korea Herald
Changan Sets Sights on 10 European Countries by End-2025
CHONGQING, China, June 12, 2025 /PRNewswire/ -- A news report from iChongqing: On June 7, the 2025 Chongqing International Auto Exhibition opened, with European media traveling to China to attend the event and visit Chinese automotive giant Changan Automobile. European media saw Changan's latest models and technologies at the Auto Chongqing 2025, visited Intelligent Digital Factory of Changan and its global R&D center. In the final assembly workshop, European visitors were impressed by the robotic precision of Changan's production line. Polish influencer Grzegorz Konieczny praised the factory's high level of automation, while during the highly anticipated test drive session, Italian vlogger Michele Ponte found the models comfortable and believed the larger one would appeal to the U.S. market. European media explored Changan's latest models and automotive technologies respectively at the global R&D center and Changan's laboratories. In addition to the factory tour and test drive activities, the European media also had face-to-face discussions with Chairman, ChangAn Automobile, Zhu Huarong, two Executive Vice Presidents — Li Mingcai, and Wang Xiaofei and Vice President Klaus Zyciora. During the discussion, Zhu addressed that Changan have always held deep respect for the European market and there are many brands which are all excellent peers that Chinese automakers, including Changan, look up to. To him, Europe is the most important market right now. Changan is accelerating its European roadmap. Zhu outlined the company's three-pronged strategy for 2025: product strategy and expansion targets. Zhu emphasized that Changan will focus on a selective product strategy, prioritizing a few high-volume models: the CHANGAN DEEPAL S07 and S05 in 2025. The company will start in Norway, expand to key European markets, and aims to enter 10 countries with nearly 200 dealers by year-end. Li added that the company is not only focused on BEVs, but is also actively developing PHEVs to meet broader consumer demands across Europe. He confirmed that models will begin entering the European market in Q3 2025. European media showed cautious optimism about Changan's prospects. German journalist Walther Wuttke stressed the importance of dealer networks and persistence, noting Changan's strong design and quality. Greek importer Aggelos Stefanopoulos called Chinese EVs like Changan game-changers, praising their comfort and alignment with European tastes. Michael Georgiadis, General Manager and GOCAR Magazine, highlighted Changan's design, tech, and value, adding that European familiarity with Chinese tech builds trust.
Yahoo
11-06-2025
- Automotive
- Yahoo
Changan Sets Sights on 10 European Countries by End-2025
CHONGQING, China, June 12, 2025 /PRNewswire/ -- A news report from iChongqing: On June 7, the 2025 Chongqing International Auto Exhibition opened, with European media traveling to China to attend the event and visit Chinese automotive giant Changan Automobile. European media saw Changan's latest models and technologies at the Auto Chongqing 2025, visited Intelligent Digital Factory of Changan and its global R&D center. In the final assembly workshop, European visitors were impressed by the robotic precision of Changan's production line. Polish influencer Grzegorz Konieczny praised the factory's high level of automation, while during the highly anticipated test drive session, Italian vlogger Michele Ponte found the models comfortable and believed the larger one would appeal to the U.S. market. European media explored Changan's latest models and automotive technologies respectively at the global R&D center and Changan's laboratories. In addition to the factory tour and test drive activities, the European media also had face-to-face discussions with Chairman, ChangAn Automobile, Zhu Huarong, two Executive Vice Presidents — Li Mingcai, and Wang Xiaofei and Vice President Klaus Zyciora. During the discussion, Zhu addressed that Changan have always held deep respect for the European market and there are many brands which are all excellent peers that Chinese automakers, including Changan, look up to. To him, Europe is the most important market right now. Changan is accelerating its European roadmap. Zhu outlined the company's three-pronged strategy for 2025: product strategy and expansion targets. Zhu emphasized that Changan will focus on a selective product strategy, prioritizing a few high-volume models: the CHANGAN DEEPAL S07 and S05 in 2025. The company will start in Norway, expand to key European markets, and aims to enter 10 countries with nearly 200 dealers by year-end. Li added that the company is not only focused on BEVs, but is also actively developing PHEVs to meet broader consumer demands across Europe. He confirmed that models will begin entering the European market in Q3 2025. European media showed cautious optimism about Changan's prospects. German journalist Walther Wuttke stressed the importance of dealer networks and persistence, noting Changan's strong design and quality. Greek importer Aggelos Stefanopoulos called Chinese EVs like Changan game-changers, praising their comfort and alignment with European tastes. Michael Georgiadis, General Manager and GOCAR Magazine, highlighted Changan's design, tech, and value, adding that European familiarity with Chinese tech builds trust. View original content to download multimedia: SOURCE iChongqing Sign in to access your portfolio
Nikkei Asia
16-05-2025
- Automotive
- Nikkei Asia
China's Changan opens first overseas car plant in Thailand
RAYONG, Thailand -- Chinese state-owned Changan Automobile said on Friday that it has started production at its plant in Thailand, underscoring how carmakers from the world's No. 2 economy are accelerating into the Southeast Asian manufacturing hub. The company's first overseas factory, in the city of Rayong in Thailand's Eastern Economic Corridor industrial zone, has an annual capacity of 100,000 units and will churn out vehicles including electric cars for both the local market and export.
Reuters
13-05-2025
- Automotive
- Reuters
CATL, Changan Mazda to develop EVs based on CATL's 'skateboard' chassis
BEIJING, May 13 (Reuters) - Chinese electric vehicle battery maker CATL ( opens new tab on Tuesday said it will partner Changan Mazda to develop new energy vehicles based on its "skateboard" chassis. CATL said its chassis "will help both parties greatly shorten the vehicle development cycle and jointly respond flexibly to changes in market demand". Changan Mazda is a venture between China Changan Automobile Group ( and Japanese automaker Mazda Motor (7261.T), opens new tab.
