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.
CHANGAN JV EV BRANDS
CHANGAN EV MODELS
CHANGAN ELECTRIC VEHICLES SALES
CHANGAN ELECTRIC CARS IN THE NEWS
Week 34 2017 - Ford and Changan EV strategy
Ford and the Chinese automaker Anhui Zotye this week announced the signing of a Memorandum of Understanding to establish a 50/50 JV to develop electrified passenger vehicles in China. The JV is the second such JV announced by Ford, which is experiencing sales declines in the Chinese vehicle sector. The Detroit based company and another Chinese domestic JV partner, Changan, announced in April that they would offer PHEV and BEV versions of all the vehicles they manufacture by 2025.
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In October 2017 an EV model sold more than 10,000 units in a single month. You would be surprised that it is not a Nissan Leaf, Chevrolet Bolt or a Tesla.
#Top5 #EVNews W46/2017 #China #EV strategy pays dividends #Toyota Chairman says Tesla not its competitor #Tesla launch #Mazda REEV #VW invest big in EVs
China has always been one of the Tesla’s (TSLA) target markets with China currently being #Tesla biggest market outside of the USA