Core Insights - Changan Automobile is accelerating its three major plans: "Shangri-La" for new energy, "Beidou Tianshu" for intelligence, and "Haina Baichuan" for globalization, as part of its participation in the 21st Shanghai International Auto Show [1][3] - The automotive industry is transitioning into the "second half of intelligence," where key competitive factors include intelligence, globalization, and energy diversification, which are the strengths of Changan Automobile [1][3] Group 1 - Changan Automobile showcased its three major brands and new intelligent vehicles, including Changan Qiyuan Q07, Deep Blue S09, and Avita 06, at the auto show [1] - The company introduced its all-solid-state battery, achieving a revolutionary breakthrough in safety and energy density with a high energy density of 400Wh/kg and a 70% improvement in safety [3] - Changan Automobile is elevating its five major overseas markets to the same strategic level as the Chinese market, promoting localization and transitioning from "product export" to "brand export" [3] Group 2 - The company is positioning itself as a localized entity in global markets, exemplified by the concept of "European Changan" to compete with top global companies [3] - Changan Automobile also displayed innovative achievements in three fields: aerial transportation, bionic robots, and intelligent equipment, including flying cars and humanoid robots [3] - The future vision for automobiles is "evolutionary intelligent automotive robots," with a commitment to both self-research and collaboration, having released over 20 industry-leading technologies [3]

Core Insights - Changan Automobile showcased its latest smart vehicles and technologies at the Shanghai Auto Show, emphasizing its innovative capabilities and strength in the automotive industry [1] - The chairman of Changan Automobile, Zhu Huarong, highlighted the shift towards "intelligentization" in the automotive sector, identifying smart technology, globalization, and energy diversification as key competitive advantages [3] Group 1: Strategic Goals and Vision - Changan aims to achieve total sales of 5 million vehicles by 2030, with 4 million from Changan-branded vehicles, 3 million from new energy vehicles, and 1.2 million from overseas sales, aspiring to become a world-class automotive brand [3] - The company plans to leverage its leading advantages in smart technology, globalization, and energy diversification, adopting a dual approach of self-research and collaboration [5] Group 2: Technological Advancements - Changan has introduced over 20 industry-leading technologies, including "Tianshu Intelligent Driving," "Tianyu Cockpit," and "Tianheng Chassis," and has been approved as one of the first national pilot units for L3-level intelligent connected vehicles [5] - The company is set to launch 45 new products globally in the next five years, with 37 of them being new energy vehicles, maintaining a multi-power strategy that includes BEV, REEV, PHEV, HEV, and ICE [5] Group 3: Product Highlights - The Changan Yiquan Q07, a plug-in hybrid model, features a range exceeding 200 km and a comprehensive range of 1,400 km, showcasing advanced technologies such as Tianshu driving assistance and Tianshu chassis [7] - The Deep Blue S09, a six-seat smart SUV, is based on Huawei's full-stack intelligent solution and has begun pre-sales, while the Avita 06 has received over 12,536 orders within 48 hours of its launch [7] - The Changan Jinzhongzhao solid-state battery was unveiled, achieving a breakthrough in safety and energy density with a high energy density of 400 Wh/kg [9]

Core Viewpoint - Changan Automobile showcased its latest smart vehicles and technologies at the 2025 Shanghai International Automobile Exhibition, emphasizing its commitment to innovation and leadership in the automotive industry [1][4][28]. Group 1: New Products - Three new smart vehicles were unveiled: Changan Qiyuan Q07, Deep Blue S09, and Avita 06, representing the latest technological advancements from Changan's three brands [4][17]. - The Deep Blue S09, a flagship six-seat smart SUV, is based on Huawei's intelligent solutions and aims to set new standards for family travel [20]. - The Changan Qiyuan Q07 features a range exceeding 200 kilometers for plug-in hybrid models and boasts a comprehensive range of 1400 kilometers [21]. Group 2: New Technologies - The Changan Jinzhongzhao all-solid-state battery made its debut, achieving a high energy density of 400Wh/kg and a 70% improvement in safety [22]. - The "Tianheng chassis" was showcased with interactive demonstrations, highlighting Changan's advancements in smart driving and vehicle technology [22][24]. - Changan's exhibition included innovative technologies across air, land, and sea transportation, featuring flying cars, humanoid robots, and intelligent equipment [24]. Group 3: Strategic Plans - Changan announced three accelerated strategic plans: "Shangri-La" for new energy, "Beidou Tianshu" for intelligence, and "Haina Baichuan" for globalization [4][28]. - The company aims to achieve total sales of 5 million vehicles by 2030, with 3 million being new energy vehicles and 1.2 million sold overseas [4][12]. - Changan is committed to a multi-power strategy, planning to launch 45 new products in the next five years, including 37 new energy vehicles [16]. Group 4: Globalization Efforts - Changan emphasizes the importance of globalization for high-quality development, with plans to enhance its presence in five major overseas markets [12]. - The company has established nine overseas factories, with the first overseas new energy vehicle base in Thailand set to commence production soon [12]. - Changan's global strategy aims to transition from "product export" to "brand export" and "industry export," expanding market capacity from 30 million to 50 million [12].

Core Viewpoint - Changan Automobile is set to launch its self-developed all-solid-state battery, "Jinzhongzhao," with a prototype expected by the end of 2025, vehicle validation in 2026, and gradual mass production by 2027 [1] Group 1: Battery Technology Innovations - The Jinzhongzhao battery features a new thermal insulation material that improves thermal performance by 30% compared to the industry average, allowing for operating temperatures over 200°C higher than conventional materials [1] - This technological advancement enhances battery safety, significantly reducing the risks of fire and explosion [1] Group 2: Battery Performance Metrics - The all-solid-state battery is designed to achieve an energy density of 400 Wh/kg, with a full charge range exceeding 1500 kilometers [1]

Group 1: Product Highlights - The Q07 model is positioned as a smart SUV for families, featuring dimensions of 4837mm x 1920mm x 1690mm and a wheelbase of 2905mm, providing the largest interior space in its class with a space utilization rate of 86% [1] - The Q07 includes a 763L dual-layer trunk capable of holding 12 pieces of 20-inch luggage, emphasizing its spaciousness [1] - It is built on the SDA architecture and features the industry's only laser radar for advanced driving assistance, including highway navigation and intelligent parking [1] Group 2: Future Product Plans - Over the next three years, the company plans to launch 35 new smart vehicles, including 10 models from Changan Yuyuan and 10 from Deep Blue, as well as 7 from Avita [2] - The upcoming models will include small and medium SUVs, large MPVs, compact sedans, and new rugged vehicles [2] Group 3: Battery Development - Changan is advancing its next-generation battery technology, with the solid-state battery expected to debut by the end of the year, achieving a density of 400wh/kg and a range exceeding 1500 km [2] - The solid-state battery aims to enhance safety by 70% through AI remote diagnostics, addressing safety concerns associated with liquid batteries [2] Group 4: Smart Technology Initiatives - The company is focusing on smart technology, with plans to implement intelligent driving, smart cockpits, and intelligent chassis under the SDA platform [2][3] - Key features include advanced safety measures, such as collision avoidance in extreme conditions and enhanced driving dynamics through distributed electric drive [3] - The company aims for 100% AI penetration in the cockpit, introducing AI-driven services for improved user interaction and experience [3]

Sales Performance - In February 2025, Changan Automobile sold 161,435 vehicles, with 39,650 of those being new energy vehicles, representing a year-on-year increase of 68.4% [1] - Overseas sales in February reached 47,521 units, showing a year-on-year growth of 15.5% [1] - Breakdown of sales by brand: - Changan Inertia: 69,143 units - Changan Qiyuan: 7,931 units (cumulative deliveries exceeded 200,000) - Changan Kaicheng: 19,294 units - Deep Blue: 18,738 units - Avita: 5,182 units - Changan Ford: 11,991 units - Changan Mazda: 3,800 units [1] Product Highlights - The Qiyuan Q07 is positioned as a family-oriented smart SUV, featuring dimensions of 4,837mm x 1,920mm x 1,690mm and a wheelbase of 2,905mm, offering the largest interior space in its class with a space utilization rate of 86% [2] - The Q07 includes a 763L dual-layer trunk capable of holding 12 pieces of 20-inch luggage and has 33 storage compartments [2] - It is built on the SDA architecture and features the only laser radar in its class, enabling advanced driving assistance functions [2] - The Q07 is equipped with a unique CDC intelligent suspension system and a new Blue Whale 3.0 hybrid system, achieving a thermal efficiency of 44.28% and a fuel consumption of 3.9L/100km (NEDC) [2] Battery Development - Changan is advancing its next-generation battery research, with the solid-state battery expected to debut by the end of 2025, followed by vehicle verification in 2026 and gradual mass production in 2027 [3] - The solid-state battery will have an energy density of 400wh/kg and a range exceeding 1,500 km, improving safety by 70% through AI remote diagnostics [3] Global Expansion Plans - Changan's "Sea of Stars" global strategy aims to enhance local operational capabilities and contribute to local economies [4] - Key initiatives for 2025 include: - Launching the Rayong factory in Southeast Asia, marking the entry into the 2.0 phase of globalization - Hosting a brand launch in Europe - Initiating KD projects in the CIS region (e.g., Kazakhstan, Uzbekistan) - Establishing a subsidiary in Brazil - Fully introducing the CHANGAN, DEEPAL, and AVATR brands in the Middle East and Africa [4][5]

Group 1: Battery Development - Changan Automobile is advancing the next-generation battery research, with the all-solid-state battery expected to debut by the end of 2025, achieving vehicle installation certification by 2026, and gradual mass production by 2027 [1] - The all-solid-state battery will have an energy density of 400 wh/kg, providing a range of over 1500 km on a full charge, significantly alleviating range anxiety [1] - Safety improvements of 70% are anticipated through AI remote diagnostics, addressing safety concerns associated with liquid batteries [1] Group 2: New Product Planning - Over the next three years, Changan plans to launch 35 new smart vehicles, including 10 models from Changan Qiyuan (small SUVs, medium SUVs, and MPVs), 10 models from Deep Blue (compact sedans and large SUVs), and 7 models from Avita (mid-to-large SUVs and sedans) [1] Group 3: Global Market Strategy - In 2025, Changan will implement its "Haina Baichuan" global strategy, focusing on long-termism and localism, with five key regional operational capabilities [2] - Specific plans include the launch of the Rayong factory in Southeast Asia, a brand launch event in Europe, production of KD projects in the CIS region, establishment of a subsidiary in Brazil, and full introduction of brands in the Middle East and Africa [2] - Avita 11 and Avita 12 were launched in Qatar on February 22, enhancing Avita's presence in the Middle East [2] Group 4: Smart Technology Development - Changan is prioritizing smart technology investments, with initiatives under the SDA platform and Tian Shu model, including intelligent driving ("Tian Shu Smart Drive"), intelligent cockpit ("Tian Yu Cockpit"), and intelligent control chassis ("Tian Heng Chassis") [2][3] - The company aims to provide extreme safety with advanced perception capabilities, launching features like collision avoidance in extreme conditions and night vision capabilities in August [3] - The intelligent cockpit will achieve 100% AI penetration, with the Tian Shu model enabling natural language understanding for enhanced user interaction [3]