Chongqing Changan Automobile Denies Allegations of State Asset Loss as False

Deep News2025-12-24

On the evening of December 24, Chongqing Changan Automobile Company Limited's misinformation reporting center issued a statement refuting recent online claims alleging "the auction of Chongqing Changan Automobile's light rail waste led to the loss of tens of millions in state assets." The company clarified that these claims are false and have severely impacted its brand reputation and normal operations. Changan Automobile stated it will take legal action to protect its rights against such rumors and defamation.

In November, Changan Automobile reported robust performance metrics: new energy vehicle sales reached 125,000 units, marking a 23% year-on-year increase and setting a new record for the third consecutive month with sales exceeding 100,000 units. Overseas sales grew by 47% to 55,000 units, while total sales rose 2.3% to 283,000 units.

On December 16, during a targeted investor briefing, the company revealed that its subsidiary Shenlan Auto received approval on December 15 for L3-level autonomous driving functionality in intelligent connected vehicles. This permits autonomous driving in congested highway and urban expressway conditions (up to 50 km/h). Changan Automobile plans to initiate pilot applications with its partner Changan Vehicle Connectivity Technology in Q1 2026, pending regulatory approval. Post-implementation of relevant national policies, the company will launch consumer-facing products. Its L3 roadmap includes gradual model releases under brands Avatr, Shenlan, and Qiyuan, with future expansion into vehicles priced around CNY 150,000 as scale increases.

On December 20, Changan Automobile announced the issuance of China's first dedicated L3 autonomous driving license plate "Yu AD0001Z" by Chongqing Traffic Police, officially marking its entry into the L3 autonomous driving era.

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