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Chongqing Changan Automobile Company Ltd. (重庆长安汽车股份有限公司|长安汽车 )

Chongqing Changan Automobile Company Ltd. is a majority state-owned Chinese auto manufacturer operating primarily in China with sales of nearly 2.5 million vehicles in 2017. Its market capitalisation was over US$29 billion in the same year. The company is known for its vast range of passenger vehicle models, including the CS55 and i-35 SUVs and the Eado saloon.

Ranking position
#14 / 25
Performance score
7.8 / 20
Narrative Score
D
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-25)

Targets

0.0 / 3.0 #18

Material investment

0.0 / 0.4 #17

Intangible investment

2.4 / 2.4 #1

Sold product performance

4.7 / 7.0 #10

Management

0.2 / 2.2 #18

Supplier

0.0 / 1.2 #21

Client

0.0 / 0.8 #16

Policy engagement

0.2 / 1.2 #18

Business model

0.3 / 1.8 #14
Total 7.8 / 20 #14

Leading practices

Risks and opportunities

Trend

Changan is awarded a trend score of +. If Changan were reassessed in the near term, its score would most likely improve. While its current fleet emissions are high and its share of sales from low-carbon vehicles is low, the company has set out ambitious objectives under its 2017-2025 ‘new energy’ vehicle strategy. Changan, for example, aims to provide electrified versions of all vehicle models. Moreover, this strategy is supported by significant research and development investments, underscoring its commitment to decarbonisation. If its aims are achieved, then the company should become more aligned with the low-carbon pathway.

Progress towards the Paris Agreement

More about the company

Headquarters
Chongqing, China
Ownership structure
State-owned
Group revenue (2017)
US$11.6 billion
Number of vehicles sold (2017)
~2.3 million light duty passenger vehicles
Market capitalisation (2017)
US$29.3 billion
Website
http://www.globalchangan.com
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