Deepal Automobile Technology Co., Ltd. is a Chinese electric vehicle manufacturing company owned by Changan Automobile.
Founded in 2018 as Chongqing Changan New Energy Automobile Technology, the company became an independent brand in 2023.
History
In April 2008, Changan Automobile and Chongqing Science and Technology Venture Capital Co., Ltd. jointly invested to establish Changan New Energy Automobile Co., Ltd.
On December 8, 2017, Changan Automobile established its New Energy Division, consolidating the planning of new energy products, vehicle development, powertrain system development, procurement, and sales under a single division.[2]
Between January 2020 and March 2022, Changan New Energy and the New Energy Division of Changan Automobile were consolidated to form Changan New Energy Automobile Technology. During this period, 12 investors participated in two separate funding rounds, temporarily reducing Changan Automobile's ownership from 100% to 40.66%.[3] The company also announced its first model, the SL03 (codenamed C385), under the newly introduced Changan Shenlan brand.
At the end of 2022, Changan Automobile increased its ownership stake in Changan New Energy Automobile Technology from 40.66% to 51.00% by acquiring a 10.34% stake from two shareholders, regaining majority control of the company.