Changan Automobile unveils 3-year expansion plan

Chinese electric vehicle manufacturer Changan Automobile has revealed a three-year expansion plan for its operations in Thailand. The company aims to launch 12 new models, increase production of locally made EV components, and boost its workforce during the 2027-2029 period. Changan plans to expand its service network to over 150 locations across the nation and enhance battery maintenance capabilities down to the cell level.

By 2026, the company targets sales of 30,000 vehicles, supported by marketing campaigns and stronger partnerships. Changan also aims to increase the proportion of locally sourced components in its vehicles from 50% to over 60%, in line with Thailand's efforts to strengthen its domestic supply chain. The Rayong plant currently produces two models and supports around 300 local suppliers, with plans to increase the number of local suppliers to 413.

Changan aims to export battery EVs to 18 countries this year, supporting its "Vast Ocean Plan 2.0" which targets overseas sales of 1.5 million vehicles by 2030.