Deepal, a new energy vehicle (NEV) brand owned by Chinese state-owned automaker China Changan Automobile Group, and local semiconductor manufacturer StarPower Semiconductor Ltd, have launched production at their newly-built semiconductor joint venture, Chongqing Anda Semiconductor Company Ltd.
The Chongqing-based joint venture was established in 2023 to develop and produce automotive-grade power semiconductors, with the aim of strengthening the local supply chain for these critical components to support China’s fast-growing new energy vehicle (NEV) industry.
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StarPower was already a significant producer of automotive power semiconductors before the joint venture was established, supplying around 1.2 million modules to the local automotive industry in 2022. The new joint venture is expected to strengthen the company’s position within the automotive industry, while providing Deepal with a reliable, in-house supply of critical parts.
Changan Automobile, including its Avatr, Qiyuan, and Deepal brands, sold a total of 2.683 million vehicles globally in 2024, including 244,000 Deepal-branded models. For 2025, Deepal has set a target of around 400,000 global sales.
