Beijing (ZXZC)- In December 2023, DEEPAL, Changan Automobile's new energy vehicle brand, achieved a delivery volume of 18,338 vehicles, marking a 13.5% month-on-month increase and an outstanding 57.4% year-on-year surge, as the company disclosed on January 2.

Photo credit: DEEPAL

DEEPAL’s cumulative deliveries for the year of 2023 came in at 136,912 vehicles, representing a remarkable 389.6% spike compared to that of the earlier year.

Introduced in April 2022 as Changan Automobile's all-new new energy vehicle brand, DEEPAL relies on its core Super Range Extending technology. The brand currently offers two models with various trim levels and intelligent versions on the market, namely, the SL03 and the S7, targeting the mid-size sedan and mid-size SUV markets, respectively.

The cumulative deliveries of the SL03 have exceeded 100,000 units so far, while deliveries of the S7 surpassed 50,000 units. According to DEEPAL's CEO, Deng Chenghao, actual deliveries of the DEEPAL S7 are approaching 60,000 units.

Expanding beyond the Chinese market, DEEPAL made strides in global outreach. On November 27, 2023, DEEPAL launched its S07 (S7 in China)and L07 (SL03 in China) models in Thailand. The S07 mirrors the design of the S7 but adopts a right-hand drive layout tailored for overseas markets. Manufactured at Changan's Thailand plant, these vehicles will primarily target Southeast Asia and Australian markets.

Looking ahead, DEEPAL aims to accelerate its global footprint, targeting the ASEAN and European markets. In 2024, the automaker plans to introduce two new models, setting an annual global sales target of 450,000 vehicles.