No matter how bad the news from Evergrande Real Estate. The auto department stays on course and steers towards production. As reported, it will start in January at the NEVS plant in Tianjin. That the Hengchi 5 would be the first car to roll off the assembly line is no surprise either. Our readers already knew this in September.
Hengchi 5 will go into production January 2022
For Evergrande Auto and the Hengchi brand, the only way into the future is through functioning production. For this reason, all activities have been concentrated in Tianjin for a few weeks now. Because the NEVS plant has a production license which the Evergrande Auto plants do not have. Although these are more modern than the factory in Tianjin, they are still under construction.
With Hengchi 5, Evergrande is rolling out the first electric car with the lion logo. Specifications of the final product have not yet been published. In China, however, images were published that come from the documents submitted to the authorities for approval. They show the Hengchi 5 SUV in the final version, which differs only marginally from the vehicles that have been used so far sighted were.
The design is pleasing, the special shape of the LED lights and signatures are reminiscent of Volvo's "Thor's Hammer". Otherwise the eye sees little to remember. A weak point is perhaps the rear. The silver "GM clasp" is no longer contemporary. Electric cars currently have continuous LED strips, just like Saab did in 2010.
Hengchi 5 is an electric SUV in the compact class, the performance data, the equipment, the design of the interior and ultimately the price will be interesting.
Batteries from your own production?
Since Evergrande Auto works with the leading European suppliers, there won't be any big surprises with what Hengchi 5 can do. However, one chapter that is still open is the batteries. They were originally supposed to be supplied from our own production. The competitors rely on well-known Chinese sources such as CATL (which can also be found in German electric cars), Evergrande did not want to do that. In order to achieve this, they even recruited senior executives from a Korean competitor.
We will soon find out whether our own battery products will actually be launched or whether the plans have been changed by the crisis.