A crimson week for the Evergrande group

A blood red week lies behind the Evergrande group. Events rolled over and the question of whether Evergrande is too big to fall was in the room. Perhaps the specific question should be whether anyone should

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Evergrande Auto shares nosedive - funds frozen

Yesterday was probably the blackest day so far in the current development around the Evergrande Group. Not only the shares of the Auto Division are in a nosedive. The monies of an Evergrande daughter were

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Evergrande Auto - bull and bear

Bull and bear are close together at Evergrande Auto. Yesterday a celebrated star on the stock exchange, today on the way down. The biggest problem is the debt of the parent company, which is many times over

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Hella and Evergrande Auto develop together

Evergrande Auto relies on German partners and develops high-voltage battery management systems together with Hella. To consolidate the partnership, Evergrande and Hella established a joint venture with the name Hella Evergrande Electronics (Shenzhen) last year.

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Evergrande Auto - automated parking for Hengchi 1

Evergrande Auto reveals more and more details about the upcoming electric cars. Little by little you let the curtain fall. One can say that Evergrande does a lot of things right. The market in China is probably the toughest for

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Evergrande Auto and Sinopec develop “Battery Swap” stations

Evergrande Auto and Sinopec have signed a strategic partnership for the development of charging points and “battery swap” stations. Changing batteries instead of charging them too quickly is considered the future gold standard in China. Far advanced

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Evergrande Auto - summer tests in a desert climate

Evergrande Auto is preparing to start production in the fourth quarter of 4. Hengchi brand electric cars are completing their final test cycles. Large-scale production of e-cars is set to run in 2021, reported this week

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Evergrande Auto - is the hype over again?

Is it over before it really started? Evergrande Auto's share price currently only knows one way. And that leads south. Since the high in February, the price of the share has increased

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Evergrande Auto raises $ 1.4 billion on the Hong Kong Stock Exchange

The placement of 2,7% of the shares on the Hong Kong Stock Exchange brought $ 1.4 billion to Evergrande Auto's coffers last Thursday. There was a 20% discount for investors

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Evergrande Auto worth more than GM or Ford

Evergrande Auto was represented with 2021 models at Auto Shanghai 9. In front of the hall, visitors were able to test drive a Hengchi SUV for the first time. And on television there was a 30 minute live broadcast just for

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Former Byton CEO Dr. Daniel Kirchert on Evergrande Auto

The blog had already reported two weeks ago about the rumor of a possible switch to Evergrande Auto. Now, Chinese media confirm Dr. Daniel Kirchert (Dai Lei) on Evergrande Auto. Kirchert had im

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Evergrande Auto at Auto Shanghai 2021

The time will come in a few days. Auto Shanghai opens its doors on April 19 - the big Evergrande Auto show can begin. Because the expected performance should really be great.

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Evergrande Auto will start production in the fourth quarter

More than a dozen cars are in the pipeline. Modern factories for the production of components or electric cars are completed or under construction. The start of production and market entry are getting closer and closer. And not

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Bet on the premium segment - Hengchi 1

Hengchi 1 is getting closer, production will start in 2021. For Evergrande Auto, it's a bet on the premium segment that needs to be redeemed. If not so long ago the new brand's electric car would not have had much

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Evergrande Auto Hengchi 4 - the series design

So far there have only been pictures of Hengchi 4 that show the concept car. The MPV is so far the only 7-seater in the Evergrande Auto product range. Its series design has now been registered for protection. With the start

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