Changan Automobile to sell 10% stake in EV maker Avatr

Changan Automobile to sell 10% stake in EV maker Avatr

Premium car models from Changan's all-electric Avatr brand on display at a dealership in Chongqing, China, April 20, 2026. REUTERS/Nick Carey

China’s Changan Automobile plans to sell a 10% stake in EV maker Avatr Technology via a public listing for 3.18 billion yuan ($476.91 million), according to the Shanghai United Assets and Equity Exchange.

($1 = 6.6679 Chinese yuan renminbi)

Reuters

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