CHANGAN ELECTRIC VEHICLES (CHANA EV)
The no-frills Chinese carmaker Changan, also know as Chana, is a state-owned enterprise in Chongqing China and is one of the top 4 automakers in the country. The company is to produce 34 new energy models by 2025 and invest 18 billion yuan ($3 billion) into new energy vehicle development during a 10-year period. The company expects that by 2020 between 7%-10% of its sales to be of new energy vehicles. The Eado EV is Changan’s first electric vehicle in a planned pipeline of electric cars by 2025. The popular Changan BenBen EV followed the Eado EV in October 2016 with the Eulove MPV van and Eado PHEV expected in 2017 with talk of the CS15 SUV EV following thereafter. Other PHEV models will include the CS75 PHEV, CS35 PHEV, and V7 PHEV. Various international automakers including PSA, Ford, and Suzuki has joint ventures with the company.
Changan’s EV strategy is underpinned by its “6321” new energy technology goals, which includes a pure electric vehicle range of 600km, the technology to be electric, intelligent and lightweight, consisting of two pure electric vehicle platform’s including and setting a goal of 1l/100km fuel consumption goal for its PHEV models.
Changan and Baidu entered into a cooperation agreement in 2017 to develop autonomous technology.
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