Evergrande Auto boosts registered capital of one subsidiary by 900%
Evergrande Group, mired in a heavy debt burden, has chosen to save itself by selling off its assets, and its car-making business is one of them.
Evergrande and chip shortages: How to understand the drama during China’s mid-autumn holiday?
How to make sense of all this drama during the Chinese holiday? Edison Yu, an analyst at Deutsche Bank, gave his take in a research note sent…
Evergrande says it has completed summer testing of five models
A total of 53 vehicles of five models were tested at the same time, according to Evergrande.
Evergrande Auto’s Hengchi 7 sedan seen undergoing road tests
For Evergrande Group, which is busy reducing its debt load, there is not much progress about its car-making recently. But the latest reports…
Evergrande, Xiaomi clarify reports of former’s EV unit stake sale
Following reports on Thursday that Evergrande Group was in talks with companies including Xiaomi to sell stakes in its electric vehicle…
China Evergrande said to be in talks with firms including Nio, Xpeng to sell EV unit
Evergrande Group is currently in talks with several companies, including Nio, Xpeng Motors and Xiaomi, to sell its electric vehicle business.
Evergrande Auto’s parent company considers another stake sale in EV maker
Evergrande Group, China's largest real estate company with a heavy debt load, has chosen to save itself with the sale of assets.
Evergrande Auto expects H1 loss of about $740 million
This is mainly due to the fact that its new energy vehicle business is still in the investment stage, with the purchase of fixed assets and…
Patent drawings of Evergrande Auto’s flagship sedan Hengchi 1 revealed
The patent drawings appear in the China National Intellectual Property Administration's (CNIPA) database and include design details of the…
Evergrande Auto falls over 10% as concerns mount over its parent company’s financial situation
The company's stock has fallen about 80 percent since the Shanghai auto show on April 19.