Evergrande expansion with Pininfarina design

Even if it seems superficially calm - Evergrande is expanding at full speed. The only strange thing is that the European media have so far hardly taken any notice of it. Which may be because it will take some time before the first products come off the line. However, some companies are already feeling the first effects of expansion. Evergrande is causing turmoil on the job market in an industry.

Pininfarina design for Evergande and NEVS
Pininfarina design for Evergande and NEVS. Photo Credit: Pininfarina

Pininfarina design for Evergande

On the 19. September visited Xu Jiayin Magneti Marelli and Pininfarina. The automobile expansion seems to be a matter of chief concern, relatively clear is the reason of the visit, when talking about Magneti Marelli speaks. The Marelli Group is one of the major suppliers in the international business when it comes to automotive components. By contrast, the visit to Pininfarina could be speculative. One of the finest old addresses in Italy when it comes to quality design. At the same time a hot name, which also starts to expand. Since its acquisition by the Mahindra Group, the company is in Indian hands, the owners appreciate the magic of the name. Under the legendary Pininfarina logo, a manufacturer of exclusive high-performance electric cars is being developed.

Xu Jiayin visits Pininfarina Design

In doing so, you rely on experienced employees. Jochen Rudat, longtime German Tesla boss, joins the 1. October to Milan and will lead the sales department. Evergrande also relies on the fine address. Pininfarina, Yicai Global reports via Twitter, will deliver the design for the new Evergrande Group vehicles.

A factory in Quingdao?

Another electric car factory could be the Evergrande Group in Quingdao. The city was already talking 2013 and 14, then it was still about one Saab factory, Evergrande has that reporting Caixin, in the spring 2019 400 acres of land reserved. In addition to a factory for electric cars should also be a production of batteries in the surrounding area. The project seems to be on hold, contracts have not yet been signed.

Evergrande may take some speed out of its expansion. Xu Jiayin's company is building capacities of 1 million electric vehicles a year. That may be visionary - or very brave. Sales of battery electric cars in China are not developing as forecast. After some of the subsidies are no longer available, buyers remain cautious. Establishing a market with countless billions in subsidies when the right product and the willingness to buy are missing does not seem to be possible even in a state-controlled economy. A lesson that Europeans should also consider with subsidies for electromobility.

Current example is NIO. The most successful domestic brand for electric cars sold in the August 2019 in China 2.976 units. Over the year, one hopes for 40 - 50.000 vehicles. Which is still far from Evergrande's million dollar plans.

Dislocations in the labor market

The expansion of the Evergrande Group and the Chinese hunger for batteries are worrying Korean battery manufacturers. The Chinese, but also the Northvolt / VW joint venture, are recruiting specialists for research and development. They pay up to three times higher wages as an incentive, and manufacturers from Korea and Japan suffer from this, reports the Korea Times, The race for the most qualified employees is running, there is a catch up to catch up. Not only at Evergrande, but also in Europe.

15 thoughts on "Evergrande expansion with Pininfarina design"

  • Thank you for the detailed answer! Now it comes to my mind and gives me (un) sense for me

  • @StF,

    this is (again) well researched and summarized.
    For me clearly an enlightening reading pleasure with some new aspects.
    Please carry on like this ...

  • That's me, yes
    Eig would be good for everyone

  • @ Gosh

    It is just because of the conditions, or the applicable laws and regulations, why alternative fuels with renewable content for the vehicle manufacturers are no longer an issue.

    One of the biggest problems for manufacturers is to comply with current and future carbon limits. And in the motor homologation they get no bonus if the vehicle can be operated with renewable, or partially renewable, fuels.

    For plug-in hybrids and e-vehicles, however, there is a calculated carbon dioxide bonus for the fleet consumption of manufacturers in the EU (the carbon dioxide share of power generation is not taken into account), which can compensate for highly motorized luxury and sports cars. The fleet consumption is calculated not only from the model range, but also from the registration numbers, which is why the manufacturers also have to watch to sell these vehicles to benefit from the electric bonus.
    And that is precisely why vehicle manufacturers propagate electrified vehicles on a broad basis.
    Of course, hybridization, even without a plug, already brings efficiency advantages, especially in the city.

    The only others they can approach about using alternative fuels are vehicle users. That is why Audi, for example, is still involved in the production of e-gas (synthetic natural gas from carbon dioxide and solar hydrogen) for its natural gas vehicles. And one or the other municipality has switched the urban vehicle fleet to CARE diesel (diesel fuel produced from vegetable & animal oils & fats) because they see an environmental advantage.

    However, these users are more idealistic or environmental and less financially motivated relatively small groups that are relatively uninteresting to large manufacturers. Therefore, the situation is just as it is.

    PS: Fun fact on the side, there was and probably still does not exist, a defined E85 fuel for the homologation of flex-fuel vehicles in the EU. That was one of the problems for the manufacturers of E85 additional control units, as there were therefore no approval tests for E85 operation, which is why, of course, no flex-fuel vehicle from the major manufacturers was certified for E85, but all only for gasoline operation. So much for regulation frenzy in Europe ...

  • @Saab900II,

    A number of manufacturers once had or still have flexi fuel vehicles (FFVs) with corresponding engines in their range. From A for VW and Dacia to Z for Audi, Opel, Volvo, Koenigsegg or Bentley ...

    That may be alphabetical nonsense now, but the point is that technology is not a problem. And the manufacturers continue to serve the markets where the E85 is available, sometimes with FFVs, and even used gasoline-powered vehicles are converted to FFVs in large numbers in France for little money and without any problems ...

    For a SAAB anyway usually no problem. The Swedish company MapTun realizes, for example, the sg BioPower Convert from around 300, - €. For example for a 9-5 AERO Bj. 2008.

    Between the fuel E2, which is advantageous in terms of CO85 or nitrogen oxides, and humans & the environment, there is actually only the state and its (fiscal) consideration of preferring to collect mineral oil tax in the medium term and to want to rely on electromobility in the long term. It's actually so banal and that's why it's so annoying ...

    From a technical point of view, nothing speaks against E85 and its octane number from 105.
    From the point of view of people and the environment, a lot speaks for him.

  • I wouldn't call it unconditional. Quite a few states are already applying coercion. The abolition of E85 in Germany was just one of many pieces of the puzzle in a colorful, broad and global constraint ...

    Once again, there is no alternative - a rare stupid word when it comes to, or at least should, exploring opportunities and alternatives.

  • I wonder why the car industry does not pick up the ball, but unconditionally runs after the Elektrohype!

  • Renault once had E85 engines

  • @Gosh,

    Unfortunately, “hushed up” is probably best.

    I repeatedly meet German drivers (taxpayers, citizens, viewers, readers and listeners in German media and the ÖR) who don't even know what E85 is ...

    A supersaturation (no one can hear) may be excluded as reliable.

    Also, I just happen to know about E85 or the French role model, because I am SAAB drive and read here and has instigated this for my own research. Otherwise, I would not have a clue.

    Not even the slightest ...

  • @Herbert Hürsch
    Now there is definitely one more, but it is a pity that there is so little support in Germany. Either the topic can not hear any more, or it is simply not perceived in public, because it is mostly hushed up.
    The Chinese laugh at Europe or Germany in particular would be nothing new, see solar energy ec.

  • Infrastructure

    @Gosh,
    Perhaps behind it (throttling and cessation of subsidies) is the insight of the Chinese state, that in the matter of electromobility, it is also the duty to take responsibility? And perhaps the state realizes that it can not and does not want to provide the necessary infrastructure in a timely manner?

    In Germany it is similar. An EV is almost only possible for homeowners with a possibility to charge on their own land (ie on the flat land or in the outskirts of the cities). Support programs for EVs have been repeatedly renewed due to lack of support.

    Is that supposed to be the traffic turnaround or is it just the wrong way?
    Maybe China sets on E85 tomorrow and lets us look stupid from the laundry?

    It would at least be a climate-effective immediate measure that does not require an infrastructural project of the century or even rare earths. Thanks to reader Ebasil, we all know that France is on this path. And thanks to Tom, we all know that in Germany a petition (https://www.openpetition.de/petition/argumente/e85-fuer-den-klimaschutz) to reintroduce E85.

    And those who have drawn them also know how shameful little signatures they have so far.
    But hopefully that will change ...

  • "(...) jaded nihilists like me."

    @Karl Hungus,
    delicious comment. Had to smile very much. Whether you find "the car" so "MEGA-ugly" that you can win something again remains your secret and has Max Goldtsche quality ...

  • It seems to be emerging that the desire of governments, whether in China, in Germany or elsewhere, to allow only electrified vehicles is not fulfilled. Detached from whether electric mobility is good or bad. In addition a company which works extremely on pump! Confidence does not stoke that.

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  • Again an exciting contribution. Like Tom, I also feel doubt. Everything on pump and in the dimensions? If this bubble bursts then there is a big bang.

  • Looks like taste aberration from the vehicle. Target group of newly rich Chinese? MEGA-ugly the cart! Just what dulled nihilists like me are

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