The Evergrande house of cards collapses

Evergrande's multi-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. It is questionable whether it will succeed. Because the whole country is collapsing the bubble

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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 making its way into Europe. The future of the group remains open, the situation is complicated. In the last week, the credit rating was repeatedly downgraded.

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

Smartphone manufacturers have discovered the auto industry as a growth market for themselves. The world's second largest manufacturer of smartphones, Xiaomi, is said to be in negotiations to join Evergrande Auto. This reports exclusively to 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 consolidate the partnership, Evergrande and Hella established a joint venture with the name Hella Evergrande Electronics (Shenzhen) last year.

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What happened if? Saab X_Ray Vision by Anders Warming

Oh, Saab. The brand won't let go. She is missing. There are people who want to see new Saab on the streets again. Designer Anders Warming looked into the brand. He imagined the

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Four questions for NEVS CEO Stefan Tilk

The media visibility of NEVS has been limited in the last few months. It is difficult for outsiders to assess where the path under Evergrande will lead. The four questions asked by FKG, the Association of Swedish Auto Suppliers, provide an insight

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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 was renamed yesterday at the Hong Kong Stock Exchange

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

It's fascinating to see new brands of cars being born. At Evergrande-Hengchi, the readers were there from the start. Not entirely voluntarily, perhaps, but taken along by the events surrounding the Saab legacy. Meanwhile

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Evergrande Hengchi founds two new companies

Perhaps some observers had bet that Evergrande would develop faster. But matters relating to the new Hengchi car brand continue to develop hesitantly. The first product is delayed, the Corona crisis is challenging here too

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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 they want to take over the outstanding shares within a very short time. Evergrande currently holds 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! On May 22nd, the starting shot was given for the construction of an additional factory. The plant will be built in Huzhou, Zehjiang Province. In it are electric drives for the expected

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Extended cooperation. Benteler develops axis modules for Evergrande.

The corona situation is delaying plans. The development of the new electric cars from Evergrande and NEVS has remained quiet in recent months. Short-time work has been announced for Trollhättan until June;

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Evergrande Group extends losses

The corona crisis is not without consequences for the Evergrande Group. The real estate giant expects losses to widen and issues a profit warning. In view of the ongoing need for investment in the expansion of electric cars, definitely one

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Hiring and job cuts in Trollhättan

The changes in the auto industry are happening at a breathtaking speed. The old Saab location in Trollhättan is a kind of open-air laboratory in which you can study the upheavals. Because what was still in demand in 2011 is today

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Evergrande electric car Hengchi 1 is introduced to 2020

The plans take shape. Evergrande's first electric car, the Hengchi 1, will be presented in the first half of 1. Series production will start in 2020, and should mark the start of an offensive with at least 2021 new vehicles.

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