wd138slot| 33 models unveiled at the 2024 Beijing Auto Show Chang 'an Automobile is full of strength in the upward cycle

33 models, a total of 56 vehiclesWd138slot, including Changan Qiyuan E07, Avita 112024, Deep Blue G318, etc.Wd138slotWith eight new cars and seven great press conferences, Changan Automobile beat the others at the 2024 Beijing International Auto Show with its strong product lineup and technical strength, and the upward cycle has been strong.

Not only at the 2024 Beijing Auto Show, but in 2023, which ran through the "price war" in the past, Changan Automobile benefited from the rapid adjustment of product structure and the accumulated strength of the "third venture". In 2023, the operating income of Changan Automobile was 1512.Wd138slotThis means that the three major plans of Changan Automobile "Beidou Tianshu", "Shangri-La" and "accept all rivers" have achieved remarkable results in an all-round way. In the face of more fierce competition in 2024, Changan Automobile insists on the transformation to high-quality development of "scale + benefit + value creation", striving to produce and sell more than 2.65 million vehicles, and accelerate the transformation to an intelligent low-carbon travel technology company.

From the first quarter of 2024 alone, Changan Automobile revenue and sales continued to grow, going hand in hand at home and abroad. Q1 in 2024, Changan Automobile achieved operating income of 370.Wd138slot.2.3 billion yuan, with a net profit of 1.158 billion yuan; realized sales of 692000 vehicles, an increase of 13.9 percent over the same period last year, of which 128800 were sold by independent brands of new energy, up 52.4 percent over the same period last year; and 109000 vehicles were sold overseas by independent brands, an increase of 80.1 percent over the same period last year.

Up to now, a number of securities institutions have raised their performance forecasts for Changan Automobile in the past three years, believing that its acceleration in new energy and offshore business, as well as its great strides in intelligence with Huawei, will further enrich the competitiveness of product differentiation and help the company grow into a leading enterprise in intelligent electric vehicles.

Independent management continues to make progress.

The growth of Changan Automobile's performance in 2023 comes from the increase in the scale of sales. In 2023, the cumulative sales of Changan Automobile reached 2.553 million vehicles, an increase of 8.8% over the same period last year. Among them, the sales of independent brands were 2.0978 million, an increase of 11.91% over the same period last year, accounting for more than 80% of the total sales.

The continuous upward potential of independent brands in the two key markets of new energy and export has become an important support for the growth of Changan automobile sales and performance. In 2023, Changan independent brand new energy sold 474000 vehicles, an increase of 74.8% over the same period last year, while overseas sales of independent brands increased by 39.2% to 236000 vehicles.

Under the long-term hard work and accumulation of independent brands, the growth logic of Changan automobile business has been successfully transformed, superimposed by the gradual optimization of its mechanism and system, and looks forward to ushering in a round of high-quality transformation growth and upward breakthrough cycle.

The increase in sales and income also provides a strong guarantee for the R & D investment of Changan Automobile. In 2023, Changan automobile R & D expenditure was 5.98 billion yuan, an increase of 38.6% over the same period last year; R & D investment was 9.008 billion yuan, an increase of 58.64% over the same period last year, accounting for 5.95% of revenue; and R & D personnel increased by 38.9% over the same period last year.

In the first quarter of 2024, Changan automobile R & D investment continued to grow, persisting in innovation-driven. Q1 R & D expenditure was 1.544 billion yuan, an increase of 13.32% over the same period last year. According to the financial report, the investment plan of Changan Automobile and its holding subsidiaries in 2024 is 10.721 billion yuan, of which fixed assets investment is 4.58 billion yuan and equity investment is 6.141 billion yuan. Investment in fixed assets is mainly concentrated in four aspects: structural adjustment of new energy capacity, investment in R & D capacity, launch of new energy products and digital transformation.

The critical year of Transformation and transition in 2024

In 2024, the auto industry will still be a year of fierce competition. This also means that car companies need to come up with more intensive technology to deal with the volume. How to win this "internal volume" war, Changan Automobile has made preparations for transformation and transition in the aspects of technology reserve, brand layout and the ability of globalization system.

Changan Automobile always insists on leading high-quality development with scientific and technological innovation. By creating the dual drive of "user demand + technological innovation", Changan Automobile has achieved a number of technology industry leadership, initial production, and further enhanced independent innovation ability. For example, 26 functions such as "on-board satellite communication" and remote valet parking of Changan Automobile based on earth orbit satellite have been launched in China; time Changan has offline the first standard cell product of "Golden Bell cover Battery"; the thermal efficiency of the new blue whale hybrid engine is as high as 44.28%, and the oil-electricity conversion efficiency is the highest in the industry, which can generate 3.63 kilowatt-hours of electricity from 1L oil.

With the continuous empowerment of leading technological achievements, the layout of the three intelligent electric brands of Changan Automobile has been formed. Avita has gradually established a high-end smart driving brand image, dark blue car polished "super extended range" label, Changan Qiyuan led the industry into the "digital intelligence new car" era. At the same time, Changan Automobile cooperates with the top enterprises in Ningde era, Ganfeng Lithium Industry, Xilai Automobile and other industries, involving a series of new energy development factors, such as power battery research and development, battery industry chain, power station exchange, and so on.

Insist on "no base, no overseas" With no overseas, no Changan, Changan Automobile promotes the plan of "accepting all rivers by sea", defines the overseas "four one" development goals, and strives to promote the global layout of "1-5-2". The products have been exported to 63 countries and regions all over the world. at the same time, great efforts have been made to build and optimize the global operation system, promote local operation, launch the first overseas base "Thailand New Energy Base", and follow up to build manufacturing bases in Europe, America and other places. Improve the layout of global production capacity.

Set sail in full swing, Changan Automobile climbed the peak again. In 2024, Changan Automobile will not only launch eight new energy products, such as Qiyuan E07, C798, Deep Blue G318, Avita 15, etc., globalization will also drive into the fast lane of development, introduce a variety of new energy products such as Avita 11, Lumin, Deep Blue S7 in Southeast Asia and Europe, and accelerate its entry into Australia, New Zealand, South Africa, Israel and other blank markets.

"New energy vehicles are only the preface, and digital new cars are the real future." in the field of digital intelligence new cars, the first digital intelligence new car, Changan Qiyuan E07, which is equipped with the SDA super platform architecture, has also been unveiled at the 2024 Beijing International Auto Show and achieved mass production in October this year, more than two years ahead of its competitors. In the follow-up, Changan Automobile will successively launch more than 10 kinds of new smart car products, promote the sales of new energy to more than 2.4 million, and strive to become the leader in the era of "Digital Intelligence New cars".

In 2024, Chang 'an Automobile's production and sales target plans to exceed 2.65 million vehicles; by 2030, it will strive to achieve sales of 5 million vehicles, including 4 million vehicles in the independent sector, 3 million to 3.5 million new energy vehicles, and 1.2 million overseas vehicles. It is foreseeable that Chang 'an Automobile, which takes the third venture-Innovation and Entrepreneurship Plan 7.0 as the main line and unswervingly transforms into a smart and low-carbon travel technology company, is bound to succeed. Wen/Xia Mu