Hoping for 2024 - that's the situation in the old Saab factory

Every few weeks we risk a look at Trollhättan. In the Stallbacka industrial area. Where the old Saab factory stands and the substance of the building does not get any better over the years. Busy life like...

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Chinese administration is reviewing Evergrande's assets

As long as Evergrande owns the Swedish Saab relics, the company will remain on our radar screen. The reports are dramatic, but apparently the administration is still sticking to the principle of hard landings. One…

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Liquidity strengthened - money rain for Evergrande Auto

It remains exciting at Evergrande Auto. The past stock market week was positive, the paper (HK 0708) left the market with larger gains, even if it had to give up a few points on Friday and lost today...

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The Evergrande house of cards collapses

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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Options dissolve - Evergrande Auto's future remains open

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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Evergrande Auto - NEVS - is Xiaomi getting involved as a major shareholder?

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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Hella and Evergrande Auto develop together

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

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Four questions for NEVS CEO Stefan Tilk

The media visibility of NEVS has been limited in recent months. Where the path will lead under Evergrande is difficult for outsiders to assess. The four questions that FKG, the Association of Swedish Automotive Suppliers, asked…

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Evergrande Health is now Evergrande Auto

An interesting name change in China. Evergrande Health Industry Group Limited (Evergrande Health) becomes China Evergrande New Energy Vehicle Group (Evergrande Auto). The company announced the name change yesterday on the Hong Kong Stock Exchange.

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A car factory is built. Evergrande-Hengchi in Nansha.

It's fascinating to see new car brands being born. With Evergrande-Hengchi, the readers were there from the start. Maybe not entirely voluntarily, but taken away by the events surrounding the Saab legacy. In the meantime...

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NEVS before complete takeover by Evergrande

Breaking News! NEVS is about to be completely taken over by Evergrande. The group of companies announced that it intends to take over the outstanding shares as soon as possible. So far, Evergrande has held 82.4% of the shares. The full takeover will…

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Evergrande establishes production for electric drives in Huzhou

Evergrande announces another groundbreaking ceremony! On May 22, the go-ahead was given for the construction of an additional factory. The factory will be set up in Huzhou in Zehjiang Province. In it, electric drives for the expected…

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