DEEPAL
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DEEPAL - overview
Established
2018
Location
Chongqing, -, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Chongqing, China and founded in 2018, Deepal Automotive Technology Co. , Ltd. , trading under the name DEEPAL, formerly known as Chongqing Changan New Energy Vehicles Technology Co. , Ltd.
is a developer of new energy vehicles and automotive parts. The company was formed by Chongqing Changan Automobile Company Limited based on the latter's new energy division. In April 2023, the brand DEEPAL was launched, and the company changed its name to Deepal Automotive Technology Co. , Ltd.
DEEPAL has established a global research and development (R&D) layout comprising six countries and ten centers, including China, the United States, Germany, the United Kingdom, Japan, and Italy. In December 2025, DEEPAL raised CNY 6. 12 billion in series C funding from new investors Chongqing Yufu Holding and China Merchants Bank and returning investor Chongqing Changan Automobile Company Limited. Deepal Automotive Technology Co.
, Ltd. , primarily engages in the production and sales of new energy passenger vehicles, including all-electric cars and range extended electric vehicles. The company generates revenue from sales of new energy passenger vehicles.
Current Investors
China International Capital Corporation, China South Industries Assets Management, Southern Industrial Capital
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.deepal.com.cn
Verticals
Clean Technology, Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series C
Total Amount Raised
Subscriber access only
DEEPAL - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 227,156,170,000 | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | (122,664,320,000) | - | - | - | - |
| % Net Margin | (54.0%) | - | - | - | - |
DEEPAL - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chief Executive Officer | BM |
BM Board Member
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