Morocco ReportMorocco ReportMorocco Report
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
Reading: Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
Share
Font ResizerAa
Font ResizerAa
Morocco ReportMorocco Report
Search
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
© 2022 Morocco Report | All Rights Reserved
Home » Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
PR Newswire

Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion

Published: May 12, 2023
Share
SHARE

CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development.

Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year increase of 2%, reaching a new high in five years. Among them, NEV sales increased 160.5% year-on-year to 284,000 units. Changan Auto achieved a net profit attributable to shareholders of RMB 7.798 billion in 2022, a year-on-year increase of 119.52%, with a continuous growth momentum in operational quality and an upward trend in value creation ability. Changan Auto managed to produce outstanding results in both sales volume and profit.

Looking forward, Changan Auto will accelerate the development of new energy vehicles, expand internationally, and firmly transform into an intelligent low-carbon travel technology company. Currently, Changan Auto has released its overseas strategy of Vast Ocean Plan, which will promote overseas development by accelerating the “Five Major Layouts.” This includes accelerating layouts in Europe, Americas, Middle East and Africa, Asia-Pacific region, and the Commonwealth of Independent States (CIS), achieving “one policy for one region, one policy for one country,” and launching no less than 30 global products by 2025. The plan is to break through 3,000 overseas market outlets. By 2030, Changan Auto aims to achieve the goal of “Four Ones”: overseas investment breaking through $10 billion, annual overseas sales volume exceeding 1.2 million units, overseas business employees exceeding 10,000 people, and becoming a world-class automobile brand.

Photo – https://mma.prnewswire.com/media/2075684/image_5003628_25470621.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/changan-autos-robust-growth-momentum-firmly-accelerates-international-expansion-301823124.html

You Might Also Like

Solenis Completes Acquisition of Diversey for $4.6 Billion
Vantage Shines as Titanium Sponsor at Money Expo Chile 2025
Seegene Unveils ‘Open Innovation Program Powered by Seegene’ in Partnership with Springer Nature
Conquering Southeast Asia: Farasis Energy Set to Shine at Indonesian Two-Wheeler and Automotive Expos
CIIE 2024: Shanghai Electric Strengthens Global Partnerships, Driving Sustainable Advancements in Industrial Solutions
Share This Article
Facebook TwitterEmail Print
Previous Article Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs
Next Article Rising star Haaland takes Football Writers' Association Footballer of the Year honors Rising star Haaland takes Football Writers’ Association Footballer of the Year honors

Latest News

Pakistan emerges as main driver of MENAAP poverty rise
India water reforms draw wider Global South interest
Sheikh Mohamed bin Zayed hosts Senator Joni Ernst for talks
PM Narendra Modi commends pilot Smit Machchhar for bravery
India strengthens naval reach across key global waters
Imran Khan protest nears as son alleges tyranny in Pakistan
© 2026 Morocco Report | All Rights Reserved
  • Home
  • Contact Us
Welcome Back!

Sign in to your account