Actually, production should have started in the third quarter of 3. In 2021, Hengchi electric cars should have been produced and sold in large numbers. The schedule can no longer be kept, like the Evergrande Group...
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Great arithmetic has begun in China. Several billion stock market values have been destroyed at Evergrande and the Auto Division in the last few weeks. This is particularly unfavorable when it meets good friends who have only...
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Another memorable week for Evergrande Auto comes to an end. The poker game about the future, which also affects Trollhättan, remains exciting and confusing. It's pretty expensive now. Since the stock's peak in...
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Evergrande does not currently look like there is a solution to the crisis. Evergrande Auto's stock continued to plummet today and suppliers' complaints of unpaid invoices continue to mount. In German…
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If there are those days when it's better to stay in bed, today was one of them. Evergrande Auto shareholders had a memorable Monday. The previously badly battered share was listed at a…
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NEVS AB is in a crisis. Again and yet this time a lot is different. The effects on Sono Motors or Koenigsegg cannot yet be assessed. The company also reported a record loss for the...
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Smartphone manufacturers have discovered the automotive industry as a growth market for themselves. The world's second largest manufacturer of smartphones, Xiaomi, is said to be in negotiations to get involved with Evergrande Auto. This is reported exclusively by Reuters. Together with a consortium...
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Clearcutting in Trollhättan. NEVS announced yesterday afternoon that up to 300 jobs would be cut. A not small part of the approximately 650 employees to date is to leave the Stallbacka. NEVS justifies the hard cut with...
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The Evergrande Group crisis, which is primarily a crisis in the Chinese real estate market, continues to smolder. Today there was a change in personnel that could have symbolic power. Notwithstanding, Evergrande sees itself…
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The share prices of Evergrande Auto (HK 0708) and Evergrande Group (HK 3333) knew only one color today. It was red. A dead giveaway that plans don't seem to be working. What happened? Evergrande wants…
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The Evergrande Group today confirmed talks to sell the car division. It remains unclear whether it will be a complete sale. Evergrande seems to prefer shareholdings and partial sales to further develop the car division….
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The fate of Trollhättan will be determined in China. A lot has happened there today. The sale of the car division, which was expressly denied a few days ago, seems to be becoming a reality. Chinese media reports on...
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The Evergrande crisis continued to smoulder in the last week. In some places it was even ablaze and S&P (Standard & Poor's) gave the China Evergrande Group another downgrade. China Evergrande and the daughters…
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The past week has been difficult. Evergrande was under pressure, the real estate sector in China has (for the time being) the speculative times behind it. The administration regulates all the way down to private investors, whose options are increasingly being curtailed. That…
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The week started for the Evergrande Group as the last one had ended. It is red, blood red Was there still a small hope for a possible special distribution for the share last week, which would…
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