Changan Group aims to become a top ten automaker in the world by 2030

The plan, named the 1+4+4+5 Framework, was unveiled at the Global Strategy Launch and Global Partner Conference held in Chongqing, China on April 21, 2026.

Baishak 12, 2083

Kantipur Reporter

Changan Group aims to become a top ten automaker in the world by 2030

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Changan Group has announced a new strategy with the goal of becoming one of the world's top 10 car companies and achieving RMB 600 billion in revenue by 2030.

The plan, dubbed the 1+4+4+5 Framework, was unveiled at the Global Strategy Launch and Global Partner Conference in Chongqing, China, on April 21, 2026, attended by about 700 auto industry participants, the group said in a statement.

“Behind this strategy is a clear goal to build a world-class automobile company based on strong internally developed technologies,” the statement said. “To achieve this goal, Changan will focus on four major business areas: vehicles, components, services and new generation industries.”

The company said it will move forward with four major transformations to become smarter, greener, more global and more connected.

The company also aims to double five key indicators by 2030, including electric vehicle sales, overseas exports, total revenue, profit and brand value.

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