Hengchi 5
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Evergrande NEV puts Hengchi 5 production on hold due to lack of funds
Evergrande NEV said it plans to resume production of the Hengchi 5 in May.
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Hengchi 5 gets assisted driving capability days after Evergrande NEV warns of production halt risk
The H-Pilot assisted driving system is available for the first time for the Hengchi 5, giving the vehicle the ability to perform full-speed adaptive cruise control and lane keeping.
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Evergrande begins deliveries of its first production model Hengchi 5
Evergrande NEV delivered the first Hengchi 5 vehicles to owners on October 29.
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Evergrande starts mass production of Hengchi 5, pushing ahead with more models
Hengchi 6 will be mass-produced in the first half of next year and Hengchi 7 in the second half of next year, Evergrande NEV said.
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Evergrande's Hengchi 5 goes on pre-sale for about $26,690
The Hengchi 5 offers a competitive price, though a question mark remains as to whether consumers will buy it, given Evergrande's debt concerns.
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Evergrande's first model, Hengchi 5, to start pre-sale on July 6
Evergrande NEV will allow the first 10,000 consumers to pay for the car when it is delivered, with 15 days to return it and receive a refund.
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Evergrande denies pushing back pre-sale of first model, but delays planned mass production
Hengchi 5's scheduled June 22 mass production date has been adjusted to September 20.
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Evergrande's first EV model, Hengchi 5, reportedly to open for pre-order on May 20
The Hengchi 5 will initially be sold in small numbers to individual customers and will be used mainly in the ride-hailing market, local media reports said.
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Evergrande's first EV model Hengchi 5 will soon be available for pre-order
Hengchi's first showroom and sales centers will soon open in 15 key cities, including Tianjin, Shanghai and Guangzhou.
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Evergrande aims to see mass production of its first EV model, Hengchi 5, within three months
Hengchi 5 must be in mass production by June 22, Hui Ka Yan, or Xu Jiayin, chairman of Evergrande Group, said Tuesday.
