Changan Automobile Thailand subsidiary has been set up, and plans to sell more than 1.2 million vehicles annually in overseas markets in 2030.

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com August 25, Changan Motor announced yesterday that it has been registered by the Trade Development Department (DBD) of the Ministry of Commerce of Thailand, marking the official establishment of Changan Automobile in Thailand and is expected to start sales at the end of this year.

▲ Tuyuan Changan Automobile official website according to the plan, Changan Automobile will invest 8.8 billion baht (CTOnews.com Note: currently about 1.83 billion yuan) to build a modern new energy vehicle production base in Thailand, with a planned production capacity of 100000 vehicles per year for the first phase and 200000 vehicles per year for the second phase. While meeting domestic demand in Thailand, Changan Automobile will also export to global markets such as Australia, New Zealand, the United Kingdom and South Africa.

▲ Tu Yuan Changan Automobile official blog in April this year, Changan Automobile officially released the overseas strategy "accept all rivers" plan. It is planned to achieve the "four one" development goals overseas by 2030, that is, investment in overseas markets will exceed 10 billion US dollars, annual sales in overseas markets will exceed 1.2 million vehicles, and overseas business employees will exceed 10000. It is known as "building Changan Automobile into a world-class automobile brand".

▲ Tuyuan Changan Automobile official blog Changan Automobile also plans to build two products with global sales of more than 500,000 vehicles by 2030, establish more than 20 local marketing organizations, enter more than 90% of the global market, and sell more than 300000 vehicles in the European market.