Evergrande

Evergrande's car making arm starts trial production, says it can produce a car per minute in the future

The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.

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

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. 

Evergrande's car making arm plans IPO on Shanghai STAR market

Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, announced on September 18 that it intends to issue RMB shares on China's Nasdaq-style sci-tech innovation board, also known as the STAR market.

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    Evergrande's car making arm announces HK$4 billion in funding from investors including Tencent

    Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, announced on September 15 on the Hong Kong Stock Exchange that it has raised approximately HK$4 billion in new funding.

    Will a world class new energy car giant be born in China? Economist answers

    In the future, Tesla's lead in the electric car sector is likely to be gradually reduced, with its core competencies in intelligence, driverless technology, data and branding, said Ren Zeping, the chief economist of China's biggest property developer Evergrande Group and president of the Evergrande Economic Research Institute, in a recent report.

    China's biggest property developer says its new energy vehicles will be mass-produced in H2 next year

    The first six Hengchi-branded vehicles will start trial production in the first half of next year and will be mass-produced in the second half, China Evergrande NewEnergy Vehicle Group president Liu Yongjue said. 

    Here's how China's largest real estate developer makes cars

    After releasing six new energy vehicles, China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, revealed the inside of its two fully automated plants in Shanghai and Guangzhou for the first time.

    China's biggest property developer is getting serious about making new energy cars

    Evergrande Health announced today that it intends to change 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.

    Design patent of China Evergrande's first model exposed

    Hengchi 1, the first model of Hengchi, the new energy vehicle brand of Evergrande Automobile, which has been rumored for a long time, has finally seen its real appearance.

    Evergrande's first new energy vehicle will debut this year

    Evergrande Health's recently released 2019 performance report shows that its net loss in 2019 was 4.95 billion yuan, of which Evergrande's new energy vehicle business lost 3.31 billion yuan. It's not hard to see that the automotive business "drags" Evergrande's overall healthy performance.