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

AgDevCo in equity investment deal with Agris for growth of fresh-food production and distribution in East Africa.
CCTV+: Ceremony Held in Beijing to Celebrate the 51st Anniversary of China-Mauritius Diplomatic Relations
China Matters’ Feature: How Does the Culture of Ming Dynasty Come to Life?
Fractal Homes launches second home co-ownership model in Europe for GCC residents
AUSD Debuts on BingX Launchpool for Stablecoin Staking
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

Nepal flood missing count rises to 6,150 after verification
Nepal flood missing count rises to 6,150 after verification
Hainan evacuates over 55,000 after extreme rainfall
Hainan evacuates over 55,000 after extreme rainfall
Pakistan inflation rises as food and education gaps persist
Pakistan inflation rises as food and education gaps persist
Nepal sets flood reconstruction needs at $4.78 billion
Nepal sets flood reconstruction needs at $4.78 billion
UAE-Germany ties in focus during presidential visit
UAE-Germany ties in focus during presidential visit
UN Assembly votes to correct distorted world map projections
© 2026 Morocco Report | All Rights Reserved
  • Home
  • Contact Us
Welcome Back!

Sign in to your account