Industry News1 Min Read RainManonDecember 30, 2021 Evergrande reportedly sees first production vehicle of Hengchi 5 roll off line That's 12 days earlier than originally planned, and Evergrande will hold an official roll-out ceremony for its first vehicle in early January…
Industry News2 Min Read RainManonDecember 27, 2021 Evergrande sees first trial vehicle roll off production line A Hengchi 5 trial production vehicle has rolled off the line, marking an important development in Evergrande's car-making business.
Industry News1 Min Read RainManonDecember 8, 2021 Evergrande’s car-making progress suffers new setback as its models disappear from regulatory list Two of Evergrande's models appeared on the MIIT's list seeking public feedback early last month, but disappeared from the final list.
Industry News1 Min Read RainManonNovember 10, 2021 Evergrande Auto aims to raise $64.2 million through share placement Evergrande Auto plans to conduct a share placement at HK$2.86 per share, a discount of 19.89 percent to Tuesday's closing price.
Industry News2 Min Read RainManonNovember 9, 2021 Evergrande’s Hengchi 5 about to complete key regulatory process The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model may soon be available to consumers.
Industry News2 Min Read RainManonNovember 3, 2021 Evergrande’s Hengchi 5 reportedly in trial production The Hengchi 5 is complete with basic features and is just short of a road-access permit for mass production.
Industry News2 Min Read RainManonOctober 25, 2021 Evergrande aims to transform from real estate developer to NEV maker in 10 years Evergrande Auto's shares traded in Hong Kong are up nearly 15 percent at press time.
Industry News3 Min Read RainManonOctober 17, 2021 Evergrande reportedly in talks to sell its Swedish EV unit NEVS is in talks with US and European venture capital firms and industrial partners to find a new owner and could be valued at as much as $1 billion.
Industry News3 Min Read RainManonOctober 14, 2021 Evergrande Auto reportedly faces setbacks at its main facility in Tianjin, first model could be further delayed Production line renovation at Evergrande Auto's Tianjin plant is largely at a standstill and the Hengchi 5, which was scheduled to launch…
Industry News2 Min Read RainManonOctober 11, 2021 Evergrande Auto tries to reassure partners, vows first model will roll off line early next year Evergrande Auto has vowed to ensure that Hengchi's mass production target is met with utmost determination.