Each year, Changan Automobile invests 5% of its annual sales revenue into product R&D and the total investment has mounted to $ 7.1 billion during the last 10 years. The company has invested $ 289 million to build the Dianjiang test track, an international standard vehicle testing facility which is 150 km long and spread over 2,240,000 m2, making it the 2nd largest such facility globally.
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According to an assessment of the state-acknowledged National Development and Reform Commission (NDRC), Changan Automotive scored 93.6, ranking third and its R&D capability has taken the first position in the industry continuously for ten years. Changan Automobile has applied for a total of 10,696 patents, including 3,042 patents of invention.
Changan in collaboration with Huawei unveiled the “Changan-Huawei Joint Innovation Center”, whereby both sides will cooperate more comprehensively in more than 10 forward-looking technologies such as Level-4 autopilot, 5G car networking and C-V2X to provide users with a more intelligent experience.
Changan Automotive Group is one of the largest and most influential automobile manufacturers in China.
Founded in 1862, Changan has a rich history spanning over 150 years and has evolved from a state-owned enterprise to a modern global corporation. Changan is known for producing a wide range of vehicles, including passenger cars, commercial vehicles, and new energy vehicles. The company has established strategic partnerships with several leading international automakers and has a global presence, with operations and research centres located in various countries around the world. In 2022, Changan produced 2.3 million vehicles with a revenue of 13.2 billion GBP and 68,000 employees worldwide.
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In recent years, Changan has made significant investments in research and development, with a particular focus on new energy technologies. The company is committed to promoting sustainable development and has developed a range of hybrid and electric vehicles that offer high performance, low emissions, and excellent fuel economy. Changan is also involved in developing self-driving technologies, with a goal of creating fully autonomous vehicles in the near future.
Changan has a global outlook and has formed strategic partnerships with leading technology providers around the globe. These partnerships have enabled Changan to expand its product range and develop a stronger global presence. With a focus on innovation, sustainability, and collaboration, Changan Automotive Group is well positioned to succeed in the highly competitive and rapidly evolving global automotive market.
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