China's biggest property developer reveals logo of the cars it's making-CnEVPost

Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled the logo of its vehicle brand, Hengchi.

The logo means "Protect the blue sky and win in the red sea market. The Lion of the East leads the world", according to the company.

Previously named Evergrande Health, Evergrande NewEnergy earlier this year changed the company's name to "China Evergrande NewEnergy Vehicle Group Limited" in light of the fact that new energy vehicles have become the group's most important business.

In August, the company unveiled its first batch of six vehicles in Shanghai and Guangzhou at the same time.

They are the Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5 and Hengchi 6, covering all classes from A to D, as well as passenger vehicles such as sedans, coupes, SUVs, MPVs and crossovers.