Chang'an Automobile Group currently has six production plants in Egypt, Malaysia, and Iran, and has established overseas R&D centers in Japan and the United States. Mr. Xu Liuping, chairman of Changan, recently introduced: “Changan Automobile Group plans to build factories in two emerging markets in Brazil and Russia. The models (including cars and commercial vehicles) will be designed with Changan’s overseas R&D centers.†Epoxy Accelerator,Epoxy Curing Accelerator,Epoxy Diluent For Coating,Epoxy Resin Promoter Luckypower Tech , https://www.czluckypowertech.com
Changan Automobile Group has already built six factories overseas, and the models produced at these overseas factories will also be exported to the surrounding countries and regions, eventually expanding its market coverage. In the future, in addition to the production plants that have been built in six developing countries including Mexico, Egypt, Malaysia, Vietnam, Iran, and Ukraine, the two emerging markets, Brazil and Russia, both of which belong to the same BRIC countries, will be established as wholly-owned assets. A joint venture company formed.
Most of the overseas factories that have already been built are CKD (parts assembly) factories, but the factories in Brazil and Russia that will be built in the future will be put into production of self-developed products, including commercial vehicles. Mr. Xu Liuping, chairman of Changan, stated: “Since most of the automotive technologies are updated quickly, the bulk purchase of foreign technologies cannot fundamentally satisfy their own needs. Chang’an Group will increase investment in technology research and development in the future.†Chang’an Automobile is now in Japan, Italy, the United Kingdom, and the United States have established R&D centers. These R&D centers will further support self-owned brands not only growing steadily in the domestic market in recent years, but also growing in the overseas market. Great Wall, Lifan and other domestic independent brands have established their respective mid- and long-term overseas development strategies. They not only set up production plants overseas but also set up R&D centers to better design products that meet the needs of local consumers.