Changan Targets Five Million Global Vehicle Sales by 2030
The state-owned automaker plans to reach five million annual sales by 2030. It expects electric models to make up sixty percent of its total global volume.
The state-owned automaker CHONGQING CHANGAN AUTOMOB-A has announced an ambitious strategic plan to become one of the world's top ten vehicle manufacturers by 2030. This initiative involves a significant expansion of global sales, with the company targeting a volume of 5 million units by the end of the decade, representing an increase of more than two-thirds from current levels. Under the new roadmap, Changan expects fully electric or plug-in hybrid models to account for 60% of its total sales. The company has established a minimum delivery target of 4 million units as it joins several other manufacturers from China in a competitive race to capture larger shares of the international market. In the previous year, Changan recorded sales of 2.9 million vehicles, a figure that includes contributions from its joint ventures with FORD MOTOR CO and MAZDA MOTOR CORP. This performance ranked the firm as the thirteenth-largest automaker globally by sales volume. Industry analysts suggest that reaching the 5 million unit threshold would likely elevate the company to the position of the world's fifth-largest automaker, based on 2025 industry data. The push for international growth comes as the domestic Chinese market, currently the largest in the world, sees a deceleration in growth. Changan is specifically targeting overseas sales of between 1.4 million and 1.8 million units by 2030, a substantial rise from the 638,000 vehicles it sold outside its home country in 2025. This aggressive expansion mirrors the strategies of domestic rivals. GEELY AUTOMOBILE HOLDINGS LT has set a 2030 sales target of 6.5 million vehicles, while BYD CO LTD -A has informed investors of its goal to generate half of its total sales from international markets by the same year. Technological innovation is expected to play a critical role in Changan's future lineup. The company plans to launch two fully electric sedans in 2027 equipped with sodium-ion batteries supplied by CONTEMPORARY AMPEREX TECHN-A. Although sodium-ion technology currently offers lower energy density than lithium-ion batteries—limiting the range of these upcoming sedans to approximately 400 kilometers—the use of salt-based materials makes them significantly more cost-effective to produce at scale.
