Changan said it wants to break into the world’s top 10 carmakers by 2030, laying out a broad growth plan that points to much bigger sales overseas, far more electrified models and a sharp rise in revenue.
The company set out that ambition at a strategy event in Chongqing on April 21, where it also said it was targeting 600 billion yuan in revenue by the end of the decade.
Strip away the stage language and the goal is clear.
Changan wants to get materially bigger, and it wants that growth to come from electric cars, plug-in hybrids and foreign markets rather than just relying on China.
The state-owned carmaker is targeting global sales of five million vehicles by 2030, with a minimum target of four million, and said 60% of that volume should come from fully electric or plug-in hybrid models.
The company’s own presentation put some more detail around that. It said it wants to double several core metrics by 2030, including new energy vehicle sales, overseas sales, revenue, profit and brand value. Its specific goals include 2.4 million NEV sales, 1.5 million overseas sales and 600 billion yuan in revenue.
Changan sold 2.913 million vehicles in 2025. That total included its joint ventures with Ford and Mazda, making it the world’s 13th-largest carmaker by sales last year.
The more interesting detail may be the battery plan. Reuters reported that Changan also plans to launch two fully electric sedans using CATL sodium-ion batteries in 2027, with a claimed range of about 400km. That could help cut battery costs, though sodium-ion still lags lithium-ion on energy density.
