Mei Ri Jing Ji Xin Wen·2025-08-04 10:01Group 1 - The core objective for major Chinese automotive state-owned enterprises is to achieve vehicle sales of 5 million units by 2030, with specific targets set by China FAW and Changan Automobile [1][2][3] - China FAW aims for six key performance indicators to exceed 5 million in total vehicle sales, 3 million in smart connected new energy vehicles, 2 million in self-owned brand sales, 1.5 million in self-owned brand smart connected new energy vehicles, and 700,000 in overseas market sales by 2030 [1][4] - Changan Automobile plans for 5 million total vehicle sales by 2030, with over 60% being new energy vehicles and over 30% from overseas markets [2][4] Group 2 - The total sales target set by the three major automotive state-owned enterprises could reach at least 14 million units by 2030, with new energy vehicle sales projected to be at least 9 million units [4] - Changan and Dongfeng are focusing more on overseas market sales compared to China FAW, with Changan targeting over 1.5 million units in overseas sales, which is double that of China FAW's target [4] - The State-owned Assets Supervision and Administration Commission (SASAC) has initiated a separate assessment for new energy vehicle performance among central enterprises, indicating a push for faster development in this sector [5][7] Group 3 - In the first seven months of the year, Changan's new energy vehicle sales reached 450,000 units, a year-on-year increase of 48.8%, while Dongfeng's sales were 402,000 units, up 6.8%, and China FAW's sales exceeded 145,000 units, marking a 95.5% increase [5] - Both Changan and Dongfeng have set a target of 1 million new energy vehicle sales by 2025, with Dongfeng ensuring 900,000 of those are self-owned brand vehicles [7]