Highlights

• Changan buys Hyundai’s massive Chongqing manufacturing plant

• Plant spans 1.87 million square meters and was built with 1.1 billion dollars

• Annual capacity of 300,000 vehicles now redirected for Deepal NEV production

• Move boosts Changan’s goal of hitting 3 million annual sales by 2025

• Hyundai discontinued operations at the facility in late 2021

Changan Secures Hyundai’s Chongqing Factory For Deepal EV Expansion

We look at a bold move from Changan. The company has taken ownership of Hyundai’s huge Chongqing plant and turned it into a dedicated manufacturing hub for Deepal. This instantly upgrades production muscle and gives Changan the bandwidth it needs to push more electric and new energy vehicles into the global market.

The acquisition fits neatly into Changan’s plan to scale fast. The company aims to hit three million annual sales by 2025, and adding a ready-to-run mega plant makes the journey a lot smoother.

A 1.1 Billion Dollar Hyundai Plant Finds A New Purpose

The Chongqing plant is not a small asset. It covers close to 1.87 million square meters and represents one of Hyundai’s biggest China investments. Construction began in 2015 and it served as Beijing Hyundai’s fifth major facility before production halted in December 2021.

Now the factory enters a new chapter. Changan has rebranded it under Deepal, giving the NEV division a high-tech home base with top-tier welding, painting, stamping and assembly lines already built and ready.

Production Capacity Boost For Changan’s Growing EV Portfolio

With annual output potential of 300,000 units, the plant becomes a serious production engine for Deepal. This additional space aligns perfectly with Changan’s rapid model expansion and growing demand for pure EVs and extended range vehicles.

The scale-up helps Changan deliver cars faster, reduce production limitations and maintain consistent supply as electric competition heats up worldwide.

Strategic Win For Changan As Hyundai Steps Back

Hyundai once relied on this plant to strengthen its foothold in China, but slowing sales and market shifts led to a halt in 2021. Changan’s acquisition turns Hyundai’s exit into fresh opportunity. Instead of letting the facility go cold, Changan revives it into a fully active EV powerhouse.

This is a strategic shortcut. Instead of spending years building a new site, Changan gets a fully operational industrial giant and plugs it directly into its NEV strategy.

Deepal Gains A Strong Launchpad For Global Growth

The upgraded facility helps Deepal in more ways than one. It speeds up production, supports exports, improves platform development and strengthens quality control. Most importantly, it positions Deepal as a serious EV contender at home and abroad.

The plant becomes a long-term asset that helps Changan compete with leading global EV brands through better scale, faster rollout and stronger technology integration.

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