Evergrande stock (HK 3333) resumed trading yesterday after being suspended for 17 days. The paper immediately came under heavy pressure and lost more than 12%. The reasons are…
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While giving up at Evergrande Auto does not seem to be an option, the sales talks for NEVS are continuing. At the same time, an era is ending in Sweden. The company cleans up the Stallbacka and says goodbye...
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Evergrande Auto Group held a meeting with suppliers and representatives of the regional authorities in Tianjin yesterday. It is clear that Evergrande Auto will not be able to keep to the original schedule. However, the company has…
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NEVS claims that the company has the 9 lives of a cat. In the coming months we will see whether this is true. There have been enough difficult situations since 2012, the Evergande crisis could…
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The Evergrande crisis is now attracting global attention. Anyone who read the Saab blog on September 3rd could gain a knowledge advantage of more than 3 weeks. Evergrande Auto's secret contingency plan went…
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The last few days have been very dramatic for Evergrande Auto (HK 0708). The company stopped making payments to suppliers and employees. The share price developed accordingly and recorded high, double-digit losses. At the…
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Hengchi 5, a compact all-electric SUV, is cruising on public roads in China. It is said to be the most advanced of all the vehicles newly developed by Evergrande. Ready for production in case it eventually...
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The situation at NEVS is once again difficult. It is laying off employees on a large scale and recently sold shares in a joint venture to Koenigsegg. The company is doing everything it can to cushion the crisis of its Chinese owner and…
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More and more images of Hengchi 7 driving on public roads are emerging in China. Do we see a successful production here or is it pure coincidence? Both would be possible and it is clear that increased public presence…
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Evergrande's billion-dollar house of cards is about to collapse. The administration in Beijing would like to avoid this; a reconstruction would be the better solution. Whether it will succeed is questionable. Because across the country the bubble is collapsing...
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In China, the Evergrande Group is a big topic that is only slowly penetrating Europe. The future of the group remains open, the situation is complicated. In the last week, the credit rating has been repeatedly downgraded….
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No matter how bad the news is. Evergrande Auto's test and trial drives continue. Recently, Hengchi 7 has been sighted on public roads. Number 7 is an attractively designed mid-size electric sedan, from which…
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Even if Evergrande Auto is not currently giving Tesla a headache. One should not hastily write off the Hengchi brand and the billions invested. On September 3rd, the Chinese officially ended the summer test cycle with Hengchi…
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Big changes in Sweden. Koenigsegg AB is ending its joint venture with NEVS to produce the Gemera. The company from Ängelholm buys back the 65% stake in NEVS AB and takes over the joint venture...
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An automaker that doesn't build cars. That's not good if you're desperately looking for investors. In order to drive out of the crisis, Evergrande Auto would have to put electric cars on the road and prove that you can do it....
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