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...Read more now!
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…Read more now!
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...Read more now!
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…Read more now!
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...Read more now!
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….Read more now!
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...Read more now!
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...Read more now!
Ah, Saab. The brand won't let go. She is missing. There are people who want to see new Saabs on the streets again. Designer Anders Warming has been involved with the brand. He imagined the…Read more now!
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…Read more now!
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.Read more now!
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...Read more now!
Perhaps some observers had bet on Evergrande developing faster. But the affairs surrounding the new car brand Hengchi continue to develop hesitantly. The first product is late, the Corona crisis also requires...Read more now!
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…Read more now!
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…Read more now!