Changan Automobile eyes annual sales target of 3 million vehicles in 2025

Published: Dec 31, 2024 17:00

Source: gasgoo

Save

On December 29, Changan Automobile held its 2025 Global Partners Conference, reflecting on achievements, analyzing industry trends, and outlining its 2025 objectives and key strategies.

Beijing (Gasgoo)- On December 29, Changan Automobile held its 2025 Global Partners Conference, reflecting on achievements, analyzing industry trends, and outlining its 2025 objectives and key strategies.

In 2024, Changan Automobile has seen significant progress in its strategic transformation, structural optimization, and operational quality. The company expects annual sales of 2.683 million vehicles this year, which should rise 5.1% year on year, marking a new high over the past seven years. Auto exports are projected to reach 530,000 units in 2024, surging 47.9% from a year ago.

In the new energy vehicle (NEV) segment, Changan Automobile anticipates annual sales of 733,000 units in 2024, reflecting a 52.4% spike year-over-year. Notably, its NEV sales surpassed 100,000 units in November, marking another milestone in the company's 40-year history.

Changan Automobile's 2025 targets, summarized as "3311," include total sales of 3 million vehicles, revenue of 300 billion yuan, NEV sales of 1 million units, and exports of 1 million units. In 2025, the automaker aims to serve 28 million users and move closer to its 30 million-user milestone.

Looking ahead to 2030, Changan Automobile plans to achieve total sales of 5 million vehicles, with NEVs accounting for 3.5 million units and exports comprising 30% of the total. The company is committed to establishing itself as a world-class automotive brand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jun 11, 2026 14:54

Tianjin CIMC Logistics Invites You to AASC 2026 the 3rd Southeast Asia Automotive Supply Chain Summit

Jun 11, 2026 14:54

Jun 11, 2026 09:38

[SMM Tin Briefing: In May, China's NEV production and sales saw double-digit YoY growth]

The China Association of Automobile Manufacturers (CAAM) released data on the 10th showing that in May 2026, China’s NEV market stabilized and rebounded, with production and sales reaching 1.554 million and 1.496 million units, up 22.4% and 14.4% YoY respectively. The share of NEV sales in total new vehicle sales further rose to 56.9%. In May, China’s auto production and sales reached 2.616 million and 2.629 million units, up MoM and slightly down YoY, though the decline narrowed further. Overall, in the first five months, auto production and sales totaled 12.235 million and 12.207 million units, with NEV production and sales totaling 5.841 million and 5.802 million units, up 2.5% and 3.5% YoY respectively.

Jun 11, 2026 09:38

Jun 10, 2026 11:58

Japan's new auto sales in May were up nearly 3% YoY, with passenger cars leading the gains.

[Japan's May New Car Sales Edge Up Nearly 3% YoY] Data on vehicle registrations recently released by the Japan Automobile Manufacturers Association showed that in May this year, domestic new car sales in Japan reached 332,997 units, edging up 2.75% YoY. Sales in the same period last year were 324,069 units, up 10% YoY. By category, passenger car sales were 276,910 units, up 2.75% YoY, and truck sales reached 55,168 units, up 2.2% YoY.

Jun 10, 2026 11:58