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HomewikiKYC

KYC

2026-06-27 16:30:01

Brand Overview

Changan Kuayue (KYC) is a commercial vehicle brand under Chongqing Changan Kuayue Vehicle Co., Ltd. The company is held by Chongqing Kuayue Industry Investment Co., Ltd., with participation from Chongqing Changan Automobile Co., Ltd. It was officially established in 1999 through an asset restructuring (a separate operating entity, Chongqing Changan Kuayue Commercial Vehicle Co., Ltd., was set up in 2006), and is headquartered in Chongqing. It is a mixed‑ownership enterprise focused on the development, manufacturing, and sales of Changan‑branded light trucks, micro buses, special vehicles, and new energy vehicles, and serves as a key part of Changan's light vehicle operations and a major production base in Chongqing.

Changan Kuayue operates under the corporate vision of "China's urban logistics expert" and the strategic positioning of "low‑carbon smart urban logistics expert," dedicated to meeting the diverse needs of urban and rural distribution, intercity transport, and individual wealth‑creators. As of early 2026, the company's asset base exceeds 3.5 billion RMB, with over 1,000 mu of land, two production bases in Chongqing's Wanzhou and High‑tech Zones, more than 3,000 employees, and an annual capacity of 200,000 complete vehicles.

Development History

The development of Changan Kuayue can be roughly divided into four stages:

Early Years and First Vehicle Launch (1999–2006)

In 1999, Chongqing Changan Kuayue Vehicle Co., Ltd. was officially established as Changan Automobile Group's commercial vehicle base in Chongqing, with backing from Kuayue Industry Investment and participation from Changan Automobile. In 2000, the company developed its first Changan‑branded light truck—the SC1021 diesel model. In March 2005, the new Taipingchong plant was completed.

Relocation to Wanzhou and Capacity Ramp‑Up (2007–2012)

In 2007, as part of the Three Gorges Reservoir development, Changan Kuayue set up a special‑vehicle company in Wanzhou. The commercial vehicle project went into production, and the first "Made in Wanzhou" light truck rolled off the line. Capacity grew quickly: by 2010, production and sales had topped 45,000 units, including 3,000 exports, hitting the "recreate Changan Kuayue" target two years early. In 2012, the relocation was completed, and the company put down roots in Wanzhou.

Product Line Expansion and System Building (2013–2024)

In 2016, with the transfer of Changan Star 3 production to Wanzhou, a new assembly line was built, significantly upgrading micro‑bus manufacturing. Following its "low‑carbon smart urban logistics" strategy, Changan Kuayue broadened its model lineup with platforms like the Kuayuewang and Kuayuexing V series—six of which won Commercial Vehicle of the Year awards. In 2018, the company acquired Beiben Heavy Automobile Chongqing Co., Ltd. and set up Chongqing Changan Kuayue Commercial Vehicle Co., Ltd., giving it twin production bases in Wanzhou and Chongqing.

New Energy Push and Fast Growth (2025–Present)

In 2025, the brand rolled out two new‑platform models—the Xingta and Kuayue Xingguang—marking a firm step into new energy and smart tech. In the first three quarters, output value reached 6.23 billion RMB, up 12% year‑on‑year. Full‑year production and sales hit 171,000 units, a 15% increase and a new record. For 2026, Changan Kuayue is doubling down on "green, smart, and global" commercial vehicles, targeting 220,000 sales for the year.

Brand Portfolio

Changan Kuayue's product lineup is centred on light commercial vehicles and spans micro trucks, small trucks, small light trucks, micro buses, and light buses—precisely matching the needs of different user scenarios. Key product families include:

Kuayuewang Series

This is the brand's core light‑truck and small‑light‑truck line. After years of iteration, it has become Changan Kuayue's sales backbone. The Kuayuewang X models have been exported to countries including Egypt and Argentina, and are among the representative products of Chinese commercial vehicle exports.

Xinbao Series

An intelligent sedan‑truck line, including models like the Xinbao T3 PLUS and T5 Flagship Edition. The T3 PLUS is positioned as an "intelligent sedan‑truck," filling a gap in the high‑end micro‑truck segment by combining car‑like refinement, rugged quality, and smart connectivity. Changan Kuayue started with micro trucks and gradually moved up, with the X and T series now serving as the core pillars balancing power and utility.

Kuayuexing V Series

A micro passenger‑cargo line covering the Kuayue Kuayuexing V3, V5, and V7. These models target the dual‑use passenger‑cargo market. The Kuayuexing V5 was developed over two years as a major upgrade to Changan's micro‑bus lineup, powered by either a Dongan 1.6L DVVT or a Changan 1.5L engine, with a front‑engine, rear‑drive layout. The Kuayuexing V7 comes with a 1.6L DVVT petrol engine or a CNG power system, delivering up to 122 hp.

Xingta

A brand‑new, independently developed wide‑body pure electric small truck launched in 2025, positioned as a wide‑body comfort flagship. It can be configured with box, guardrail, van, refrigerated, and other body types. The cargo box measures up to 3.8 metres long and 1.85 metres wide, offering near‑light‑truck space. The fuel version starts at 52,800 RMB; the new energy version at 88,800 RMB. The fuel version is powered by a 1.6L/2.0L four‑stage engine, with fuel consumption as low as 9.3 L/100 km. The EV version uses a 110 kW flat‑wire motor, with a pure electric range of 320‑475 km and 2C fast charging, replenishing 20%‑80% in 18 minutes. Natural gas and extended‑range versions are also planned.

Kuayue Xingguang

A new fully electric enclosed light bus launched alongside the Xingta in 2025, positioned as an 8‑cubic‑metre intelligent light bus. It measures 5,095 mm long, 1,870 mm wide, and 1,990 mm tall, with cargo volume of up to 7.8 m³. It is available in cargo (single row, 3 seats) and passenger (7‑seat/9‑seat) versions, priced from 77,900 RMB and 79,900 RMB respectively. With liquid‑cooled temperature control and 2C supercharging, it offers a range of 300‑470 km, with energy consumption as low as 13.95 kWh per 100 km—costing just 0.1 RMB per kilometre. The Kuayue Xingguang shares its platform with Lalamove's first large‑surface model, "Duo La Da Mian."

CNG Series

Changan Kuayue has over a decade of experience in the CNG market, covering both cargo and passenger platforms across micro buses, small light buses, micro trucks, small trucks, and small light trucks.

Special Vehicle Series

This includes a range of purpose‑built vehicles such as refrigerated trucks, insulated trucks, compactors, tow trucks, and more.

Market Performance

Changan Kuayue has been on a strong growth run in China's light commercial vehicle market, steadily climbing both in rankings and market share.

Sales Climbing Fast: Since 2020, sales have risen every year. In 2024, production and sales neared 160,000 units, generating 7.2 billion RMB in output. In 2025, deliveries hit 171,000 units—up 15% year‑on‑year and a new record. In the first eight months of 2025, sales reached 106,000 units, up 7.5%. For the full year, the company ranked among the top five in the light commercial vehicle sector.

New Energy Surging: New energy has been the biggest growth driver over the past two years. NEV sales hit 25,000 units in 2024, and jumped to 35,000 in 2025—a 72.1% increase, according to EV Resources. The NEV share is now close to 20%. In Q1 2026, the NEV van segment kept up its momentum, giving the brand's electric commercial vehicle push a solid tailwind.

Overseas Steady Growth: With a global strategic push, overseas sales have grown steadily. The brand now operates in 47 countries and regions, with a focus on Southeast Asia, South America, the Middle East, and Africa.

Future Goals: For 2026, Changan Kuayue is targeting 220,000 sales (215,000–225,000 range)—roughly 28.7% growth—with overseas sales aiming for 30,000. By 2030, the plan is to hit 300,000 global sales, with NEVs at over 50%, overseas contribution at 25%, and revenue above 20 billion RMB.

Financials: In the first three quarters of 2025, output value reached 6.23 billion RMB, up 12% year‑on‑year.

Core Technologies

Changan Kuayue's technology is built on independent R&D, with a focus on three core areas: high‑efficiency powertrains, green platforms, and customisation. Its powertrain portfolio covers fuel, pure electric, extended‑range, natural gas, and fuel cell.

Three Core Pillars and Architecture

The brand has developed two proprietary platforms—the "Golden Bull" and "Mountain and River" architectures—which enable deep software‑hardware integration, fast iteration, and low‑cost development, setting a benchmark for native EV platforms. These architectures let the brand quickly tailor powertrains and vehicle positioning to different markets and user needs.

Fuel Technology

The Xingta fuel version runs on a 1.6L/2.0L four‑stage engine, with fuel consumption as low as 9.3 L/100 km. The Kuayue Star V5 is powered by a Dongan 1.6L DVVT (90 kW, 158 N·m) or a Changan 1.5L engine. The Star V7 offers a 1.6L DVVT petrol engine and a CNG variant.

Pure Electric Systems

NEV models use a multi‑in‑one electric drive developed with Inovance, with batteries from CATL or EVE Energy. The Xingta EV has 55‑81 kWh options and up to 475 km of range. The Kuayue Starlight delivers 300‑470 km. All NEV models come with liquid‑cooled thermal management and 2C fast charging, capable of 20%‑80% charge in 18 minutes.

Extended‑Range and Fuel Cell

The Kuayue Star V5EV extended‑range smart truck achieves just 2.8 L/100 km combined fuel consumption and has already secured over 5,000 first‑batch orders—a standout in urban logistics. The Kuayuezhe D5 fuel cell truck has completed road testing, with over 800 km of range, 22% higher overall energy efficiency, and emissions better than China VI‑b. Future plans include methanol‑reforming tech to cut fuel cell costs by 30%.

Connected Tech

Changan Kuayue built an industry‑leading connected vehicle platform that uses big data for real‑time vehicle‑road‑person interaction. With over 500,000 km of real‑world data, the platform's dynamic energy algorithm cuts consumption by 8%, while custom response time has been halved from 15 to 7 days. The Xingta flagship features over 20 intelligent assistance functions, including AEB and lane‑departure warning. The Kuayue Starlight and other new models come with a 13‑inch HD screen, voice control, reverse camera, navigation, remote control, and intelligent assisted driving.

Safety and Body

The Xingta uses QSTE600TM high‑strength steel straight beams, with torsional rigidity 153% higher than rivals—ensuring safety and durability under heavy loads. The Kuayue Starlight has a drag coefficient of just 0.298 and energy consumption as low as 13.95 kWh per 100 km.

IP and R&D

Changan Kuayue is leading a municipal‑level high‑value patent project focused on intelligent connected multi‑energy small trucks, covering powertrain control, connectivity, and new energy systems. The project has added 11 high‑value invention patents. Five patented products—including the Kuayue Star V5EV and the Kuayuezhe D5—have been filed, generating 971 million RMB in revenue in 2024, with over 200 million RMB in profit and tax, and a 30% market share.

Global Footprint

Changan Kuayue's global strategy has gained momentum under Chongqing's "vehicles going global" policy, shifting from isolated exports to a more systematic overseas presence. The brand now covers 47 countries and regions, with a focus on Southeast Asia, South America, the Middle East, and Africa.

Exports: Scale and Track Record

Changan Kuayue has exported vehicles to Egypt and Argentina for some time. In Q1 2022, 1,341 Kuayue King X units were shipped to South America. From October 2024 onward, Wanzhou Port alone has handled 43 batches of vehicle and parts exports—totalling 9,116 vehicles, with a cargo value of roughly 560 million RMB—covering markets across South America, Southeast Asia, Africa, the Middle East, and Central Asia.

Market Access and Certifications

With support from local commerce authorities, Changan Kuayue has secured market access certification in 10 international markets, including the EU, Singapore, and Iran. The company plans to begin EU CE certification, paving the way for entry into the European high‑end market.

Logistics and Local Production

In September 2024, Changan Kuayue piloted a new export route through Wanzhou under the Chongqing vehicles‑going‑global initiative. A shipment of 150 vehicles, using a COSCO Shipping customised plan, arrived successfully in Peru—cutting bill‑changing time by 2‑5 days and saving 4,000 RMB per 40GP container in logistics costs. The company has also rolled out KD local production in Peru, the Middle East, and other markets, helping to reduce overseas assembly costs and adaptation challenges. A comprehensive bonded zone now provides 5,000 square metres of bonded warehousing and tax‑refund services for imports.

Future Outlook

In 2026, Changan Kuayue has set a sales target of 220,000 units—190,000 domestically, 30,000 overseas—with an NEV penetration goal of over 35%. The company will focus on the light commercial vehicle wealth‑creation market, covering urban logistics, urban‑rural transport, and individual business use.

Product

Changan Kuayue has built a full product matrix spanning 40,000 to 180,000 RMB, covering micro trucks, small trucks, and pure electric vans. Core lines include the Xingta (fuel and EV), Kuayue Starlight, Xinbao Series, and Kuayue King Series. In 2026, the brand will also launch a facelifted Xingta, an upgraded Kuayue Starlight, and an all‑new pure electric micro truck, expanding its NEV coverage.

Technology

Changan Kuayue is pushing forward with advanced technology development. Future plans include methanol‑reforming optimisation to cut fuel cell costs by 30%, while developing natural gas and extended‑range models to create a diverse, full‑scenario powertrain portfolio. The company is integrating Changan's core resources to drive the shift from fuel to new energy, and an upgraded R&D test centre is ensuring rapid iteration of core technology and product quality.

Channels and Service

Changan Kuayue operates over 1,260 service outlets across China, with an average service radius of under 40 km. The brand will continue to deepen its domestic network and upgrade services, while strengthening its overseas after‑sales and parts supply chain, rolling out KD plants in key markets and adapting products for local conditions.

Smart Manufacturing and Ecosystem

Changan Kuayue will integrate into Wanzhou's autonomous logistics vehicle industry, with a focus on the smart logistics track. The goal is to build a four‑wheel‑drive model—fuel business as the anchor, NEV as the growth engine, overseas expansion, and emerging businesses—moving from a pure "freight tool" maker to a comprehensive "product + service + ecosystem" provider. The target is 360,000 sales and 17.3 billion RMB in revenue by 2030, ranking among the top tier of the light commercial vehicle industry, and helping Chinese light commercial vehicle brands make a new "leap forward" on the global stage.

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