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Evergrande

Evergrande’s Hengchi 5 reportedly in trial production

Evergrande Auto, the car-making arm of Chinese real estate developer Evergrande Group, has entered the trial production phase of its Hengchi 5, the closest...

Evergrande aims to transform from real estate developer to NEV maker in 10 years

Chinese real estate development giant Evergrande Group has reopened a large number of projects previously halted by its debt crisis and has set a...

Evergrande reportedly in talks to sell its Swedish EV unit

The debt-laden Evergrande Group's asset sale appears to be widespread, with its ownership of National Electric Vehicle Sweden AB (NEVS) in discussions to sell. NEVS...

Evergrande Auto Expects First Hengchi Vehicle to Leave Tianjin Assembly Line in Early 2022

On October 11, Evergrande Auto’s Strategic Partners Conference was held at the firm’s Tianjin production base. At the meeting, Liu Yongzhuo, President of Evergrande...

Evergrande Auto’s HK Stock Closes Down Over 24%

Evergrande Auto closed down 24.66% to HK $3.88 per share on Tuesday, with a total market value of HK $37.904 billion ($4.873 billion). Previously, Evergrande...

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