Changan Automobile Celebrates 40 Years of Innovation in 2024
2024 marks a significant milestone for Chinese automaker Changan Automobile as it celebrates its 40th anniversary. Throughout the year, the company has made significant progress in various areas, including sales, structural adjustments, and operational quality. This progress can be attributed to Changan’s strong focus on technological innovation in the fields of new energy and intelligence.
In November 2024, Changan Automobile achieved a major milestone when its monthly sales of new energy vehicles (NEVs) surpassed 100,000 units. This achievement is a testament to the company’s commitment to initiatives such as the “Shangri-La” new energy vehicle plan, “Beidou Tianshu” intelligence initiative, and “Vast Ocean” globalization strategy. By leveraging digital and innovative technologies, Changan has been able to accelerate the growth of its NEV sector.
The company’s three smart auto brands – AVATR, DEEPAL, and CHANGAN – along with the UNI, NEVO, and KAICHENG product series, have collectively positioned Changan as a strong competitor in the global market. Additionally, Changan’s R&D capabilities have reached new heights, with a global collaborative R&D network spanning six countries and ten regions. With a team of over 18,000 technical experts from 31 countries, Changan is well-equipped to drive further growth and value creation.
As we reflect on Changan Automobile’s key achievements in 2024, it is clear that the company’s commitment to innovation and excellence has been unwavering. From strategic partnerships to pioneering its own technologies, Changan has made significant strides in meeting internal demands, reducing costs, and achieving independent supply of core components.
In terms of sales performance, Changan Automobile reported a 5.12% year-on-year increase in annual sales for 2024, with December sales reaching 250,689 vehicles. The company also announced strategic partnerships with industry leaders like EHang to develop flying cars and plans to raise 6 billion yuan for NEV development.
Looking ahead, Changan Automobile has ambitious plans for the future, including the development of flying cars and humanoid robots. The company’s focus on digital new energy commercial vehicles and plans for an independent listing for AVATR Technology highlight its commitment to innovation and growth.
In conclusion, Changan Automobile’s 40th anniversary in 2024 has been a year of remarkable achievements and advancements. With a strong focus on technological innovation and a commitment to excellence, the company is well-positioned for continued success in the years to come.
