China Changan Automobile Group Co., Ltd. has officially been established following the merger of Changan Automobile, Chenzhi Group, and Changan Auto Finance. The newly formed group, anchored by more than four decades of manufacturing experience, is setting its sights on leading the future of mobility.
The company has outlined its Vast Ocean Plan, a global strategy targeting annual sales of five million vehicles by 2030. Of this total, three million are expected to be new energy vehicles (NEVs). Overseas markets will account for around 30 percent of sales, supported by its core brands – CHANGAN, AVATR, and DEEPAL – which will continue to operate independently under the group’s umbrella.
A company representative said: “For over 160 years, we’ve been driven by innovation and engineering excellence. Today, China Changan Automobile Group is building on that legacy to create smarter, greener, and more connected mobility solutions for drivers around the world.”
Expanding in Southeast Asia
The group has made notable strides in Singapore, a key market for electric vehicles in the region. DEEPAL entered the city-state in March 2025 with the launch of its flagship electric SUV, the DEEPAL S07, at a showroom located at 281 Alexandra Road, marking its second outlet in Southeast Asia. The line-up is set to expand later this year with the introduction of the DEEPAL S05 compact SUV and the DEEPAL E07, Singapore’s first SUV-meets-utility electric vehicle. The E07 will receive its exclusive preview at the Singapore Car Expo this September.
AVATR followed shortly after, making its debut with the AVATR 11 at a pop-up showcase in UOB Plaza 2. Together, the two brands have strengthened the group’s presence in Singapore’s fast-growing electric vehicle segment.
Building a global presence
China Changan Automobile Group currently employs around 110,000 people worldwide, with operations spanning 103 countries and 21 manufacturing bases. Its business covers the full value chain, including vehicle and component manufacturing, financial services, logistics, after-sales care, and motorcycle production.
Through this integrated model, the group aims to deliver smarter, more sustainable, and connected mobility solutions across global markets. With NEVs at the heart of its strategy, the company is positioning itself to compete with established global players while responding to the growing demand for environmentally friendly vehicles.