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Evergrande car

NEVS 9-3 EV on heap in a parking garage in China
News 

Castles in the air and Saab relics - what remained of big dreams

12 January 202312 January 2023 Tom 6 comments 4 min read

Chinese automakers are on the rise in Europe. A wave is building up that is not yet visible to everyone. But it will roll. The Chinese have many years of experience in building battery cars. This…

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Saab 9 3 Aero 2014
News 

One of the very last Saab is available and there are difficulties at NEVS

2 December 20222 December 2022 Tom 8 comments 4 min read

Welcome to the short news of the week. What's up? One of the very last Saabs is sold in Sweden. For the umpteenth time. In China, meanwhile, debutant Evergrande Auto shipwrecks Hengchi 5 and subsequently lays off staff….

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Togg model range - with Saab DNA?
Tom`s rearview mirror 

Hengchi delivers - Togg presents - is there Saab DNA in it?

31 October 202231 October 2022 Tom 4 comments 4 min read

October 29, 2022 is a historic date. Somehow, but probably purely by accident. Two countries, two (more or less pronounced) autocracies. Two new car brands and both have a piece of Saab DNA. Hengchi 5 rolls…

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Access to the Saab factory - historical photo
News 

Change of ownership of the old Saab factory (update)

18 August 202218 August 2022 Tom 4 comments 2 min read

We have stopped reporting on the topics of NEVS and Evergrande. Both companies are not relevant to Saab. But as promised, we are still keeping an eye on the development that the old Saab factory ...

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Saab North Gate
Tom`s rearview mirror 

Fine adjustment - what is changing in the SaabBlog project now

8 July 2022 Tom 3 min read

The SaabBlog project is in its 12th year of existence and is therefore a kind of digital dinosaur. It was never planned to write about Saab for so long. One fact that the blog still exists is because...

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NEVS Sango
Evergrande Auto - NEVS 

Sale of NEVS could be completed in April

29 March 202229 March 2022 Tom 2 min read

In Trollhättan, the sale of NEVS is within reach. It could even be completed as early as April. NEVS CEO Stefan Tilk is in talks with various interested parties who are on the home stretch. Of course...

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Hengchi 5LX
Evergrande Auto - NEVS 

Evergrande Auto shares withdrawn from trading

21 March 2022 Tom 1 min read

The shares of Evergrande Auto (HK 0708) and Evergrande parent company (HK 3333) and other subsidiaries were taken off the Hong Kong Stock Exchange this morning. There was an explanation for the reasons...

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Production test run at Evergrande Auto
Evergrande Auto - NEVS 

Evergrande Auto is posting vacancies (and restarting)

9 February 20229 February 2022 Tom 2 min read

It has become quiet around Evergrande and the Hengchi brand. The real estate developer's crisis has put the ambitious plans on hold. The future is in question. Actually, mass production of electric cars was supposed to start in January and the first vehicles…

Read more
Production test run at Evergrande Auto
Evergrande Auto - NEVS 

Evergrande focuses activities on the electric car business

25 October 202125 October 2021 Tom 1 min read

A price rally in the Evergrande Auto share (HK 0708) triggered the announcement by founder Hui Ka Yan that he wanted to focus on the car business in the future. The stock is up nearly 12% today...

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Ever Grande Auto Hengchi 5
Evergrande Auto - NEVS 

Evergrande Auto will start production early next year

12 October 202112 October 2021 Tom 1 min read

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 9-3 Tianjin
Evergrande Auto - NEVS 

Not over yet - Evergrande Auto is concentrating activities in Tianjin

30 September 202130 September 2021 Tom 2 min read

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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NEVS 9-3 from Chinese production in Sweden
Evergrande Auto - NEVS 

Evergrande Auto Suspends Payments - Is It Over?

27 September 202127 September 2021 Tom 1 min read

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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Production at Evergrande subsidiary NEVS
Evergrande Auto - NEVS 

A fireworks display from Evergrande Auto for the weekend

27 August 202127 August 2021 Tom 2 min read

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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Exclusive - Airbus with ACJ equipment
Evergrande Auto - NEVS 

Suppliers complain - Evergrande Auto shares continue to plummet

25 August 202113 January 2023 Tom 2 min read

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…

Read more
Evergrande HQ in Hong Kong
Evergrande Auto - NEVS 

Investors lose confidence - Evergrande Auto stock crashes

23 August 202123 August 2021 Tom 2 min read

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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