深蓝Deepal

Who owns Deepal? The ownership chain, Changan Automobile's stake and the 2022 deal

Facts checked Chinese holding 100%

Deepal is Chinese. It is Changan's mainstream electric and range-extender brand, launched in 2022, and is sold in Thailand, Australia and several other export markets.

Changan raised its holding in the Deepal company from 40.66% to 51% during 2022.

The short answer

Controlled by Changan Automobile
Stake51%
SinceDecember 2022
Kindbrand
OriginCN
Name in Chinese 深蓝 Shēnlán “shen-LAHN”
Top of the chainState-owned Assets Supervision and Administration Commission of the State Council
Is it Chinese? Yes

The chain, step by step

  1. State-owned Assets Supervision and Administration Commission of the State Council owns China Changan Automobile Group Co., Ltd. at 100% since 29 July 2025.

    The State-owned Assets Supervision and Administration Commission of the State Council inaugurated China Changan Automobile Group Co., Ltd. as a central state-owned enterprise on 29 July 2025, with registered capital of 20 billion yuan and 117 subsidiaries and branches.

  2. China Changan Automobile Group Co., Ltd. owns Changan Automobile at 35.04% since July 2025.

    The new central SOE holds 14.23% of the listed Chongqing Changan Automobile directly and a further 20.81% through Chenzhi Group and Zhonghui Futong Investment, for 35.04% in total, as reported in July 2025.

  3. Changan Automobile owns Deepal at 51% since December 2022.

    Changan raised its holding in the Deepal company from 40.66% to 51% during 2022.

Every holding above this entity, with the stake and the date it began.
Holder Holds Kind Stake Since
State-owned Assets Supervision and Administration Commission of the State Council China Changan Automobile Group Co., Ltd. owns 100% 29 July 2025
China Changan Automobile Group Co., Ltd. Changan Automobile owns 35.04% July 2025
Changan Automobile Deepal owns 51% December 2022

Deepal: questions people ask

Who owns Deepal?
Changan Automobile, which held 51% of the Deepal company at the end of 2022. Changan itself is a Chinese central state-owned enterprise.
What does Deepal mean?
The Chinese name 深蓝 (Shēnlán) means 'deep blue'. The English name is built from the same idea.
Are Deepal cars fully electric?
Not all of them. Most models come in both battery-electric and range-extended form, where a petrol engine acts as a generator and never drives the wheels directly.
Where is Deepal sold?
In China and a growing list of export markets including Thailand, Australia, Mexico, Pakistan, Indonesia, the Philippines, the United Kingdom and Spain. It is not sold in the United States.

Related

Sources for Deepal

  1. CnEVPost, Changan's NEV arm Deepal launches updated SL03 BEV with lower starting price. Read . The 25 July 2022 launch of the SL03.
  2. Wikipedia, Deepal. Read . Changan's 51% stake, the sales series to 2024, the model range and the export markets.
  3. Gasgoo, Changan Automobile 2025 Financial Report: Record Sales and Profit Structure Adjustment. Read . Deepal's 2025 volume and revenue from the annual report.
  4. Wikipedia, List of automobile manufacturers of China. Read . Deepal listed as a Changan brand.
  5. State-owned Assets Supervision and Administration Commission of the State Council, China Inaugurates Changan as Central SOE. Read .
  6. iChongqing, Changan Powering Chongqing's Rise as a Global Motor City. Read .