Latest news with #ChanganAutomobile
Yahoo
29-07-2025
- Automotive
- Yahoo
China's Changan restructured as independent state-owned automaker, CCTV reports
BEIJING (Reuters) -Changan Automobile has begun operating as an independent automaker controlled by China's central government, state television CCTV reported on Tuesday. The spin-off from state-owned China South Industries Group Corp was established in Chongqing on Tuesday. With 117 subsidiaries, the restructured new automaker will focus on smart vehicles, robots, flying cars and embodied intelligence, among other fields. It also has plans to step up expansions into markets including Southeast Asia, the Middle East, Central and South America and Europe, the report said. Sign in to access your portfolio
Reuters
29-07-2025
- Automotive
- Reuters
China's Changan restructured as independent state-owned automaker, CCTV reports
BEIJING, July 29 (Reuters) - Changan Automobile has begun operating as an independent automaker controlled by China's central government, state television CCTV reported on Tuesday. The spin-off from state-owned China South Industries Group Corp was established in Chongqing on Tuesday. With 117 subsidiaries, the restructured new automaker will focus on smart vehicles, robots, flying cars and embodied intelligence, among other fields. It also has plans to step up expansions into markets including Southeast Asia, the Middle East, Central and South America and Europe, the report said.
Malaysia Sun
23-07-2025
- Automotive
- Malaysia Sun
ANGOLA-LUANDA-INTERNATIONAL FAIR
Xinhua 23 Jul 2025, 09:16 GMT+10 (250723) -- LUANDA, July 23, 2025 (Xinhua) -- This photo taken on July 22, 2025 shows cars of Changan Automobile at the Luanda International Fair (FILDA) in Icolo e Bengo Province, Angola. The 40th edition of the FILDA, one of Angola's most prominent business exhibitions, opened Tuesday in the Special Economic Zone of Icolo e Bengo Province. TO GO WITH "(Special for CAFS) Angola's major business fair opens with 2,000 exhibitors on 40th anniversary" (Photo by Julio Kikebu/Xinhua)
IOL News
17-07-2025
- Automotive
- IOL News
EXCLUSIVE: Changan to launch more SUVs and range extender EVs in 2026
The Changan Hunter REEV will reach South Africa before the end of 2025. Image: Supplied Changan Automobile is returning to South Africa in the fourth quarter of 2025 with local distributor Jameel Motors set to offer five distinct models that cover the bakkie, medium SUV, compact sedan and EV sectors - click here to learn more about the initial line-up. That range is set to expand during the course of 2026 with additional Changan SUV models and another Deepal-branded electric vehicle (EV), Jameel Motors SA country manager Marinus Venter told IOL. On the SUV front, the midsize CS75 Pro that launches in late 2025, will be joined by a smaller SUV called the CS655. This model is about 30cm shorter than its sibling and it is set to compete with the Chery Tiggo 7 Pro. Later in 2026, another new model called the CS35 will enter the hotly contested compact SUV space. These new models have not been revealed as yet, but more information will be released closer to launch. The Deepal S05 will expand the NEV range. Image: Supplied Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Also on the cards for 2026 is a smaller electric crossover called the Deepal S05, which will slot neatly beneath the S07 that launches later this year. Both will be available in 'range extender' (RE-EV) format, featuring petrol engines that act as generators to extend the driving range. Venter believes this is the perfect solution for South African motorists, given the lack of EV-friendly infrastructure in the country. Venter also revealed that an RE-EV version of the Hunter one-tonne bakkie will form part of the initial range that launches in late 2025. The REEV looks bolder than the regular Hunter models. Image: Supplied The RE-EV boasts unique styling that sets it apart from the regular Hunter bakkies. Overseas, it's available in single motor (128kW) and dual-motor (196kW) variations. While the e-motors solely power the wheels, a 2-litre turbocharged petrol engine powers the 31 kWh battery once its plug-in charge has been depleted. The vehicle can cover up to 180km on electric power alone, Changan claims. Changan not chasing volume In a recent interview, CEO Marinus Venter told IOL that the local importer, Jameel Motors, is not chasing huge sales volumes, at least not initially. 'One thing we specifically want to do is build the brand, so we've not given ourselves any specific volume targets in the first three years,' Venter told IOL. Although the brand aims to sell around 500 units per month within two years, the main objective is to get the right products into the right segments, build the brand and get all the important elements set up correctly. Changan is a major player on the Chinese market, ranking third in terms of domestic sales in early 2025, behind BYD and Geely. The importer will follow a similar strategy with its dealer footprint, which is set to kick off with no more than 25 dealers at launch. This will be expanded as volume grows. Jameel Motors will use established organisations to handle its vehicle and parts logistics, Venter revealed. 'We're not going to try and reinvent the wheel or start everything from scratch and have those teething problems. We are locking into something that's already working to ensure that whatever we supply our dealers and our customers is something that they are used to from legacy brands.' The brand's fully stocked parts warehouses will be located in Gauteng, but nationwide deliveries will take place on a daily basis, Venter said. The Changan CS75 Pro will be the first SUV offered locally. Image: Supplied Changan has not ruled out producing vehicles in South Africa, but this would depend on future volume growth, Venter said. Interestingly, the Peugeot Landtrek is based on the Changan Hunter bakkie, which Stellantis plans to build in South Africa. However, Venter said it was unlikely that they would source bakkies from the local Stellantis operation as future versions of the Hunter and Landtrek would see a design divergence. Venter believes Changan's new styling direction will be particularly suited to South African tastes, as it's contemporary but not too futuristic. 'I think it will be an easy progression from a legacy brand into one of our vehicles, as opposed to jumping completely to something that is too futuristic.' More information on the new design directions, and upcoming products, will be released closer to launch. IOL Motoring
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.
