Press "Enter" to skip to content

Evergrande Electric Vehicle Arm to Start Taking Car Orders ‘Imminently’

by Reuters


HONG KONG—China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, “imminently” and open sales centres in 15 major cities across the country.

Liu Yongzhuo, president of the electric vehicle (EV) arm of the world’s most indebted property developer, China Evergrande Group, made the comment at an online meeting attended by nearly 200 global parts suppliers on March 27, according to the firm’s official Wechat account. The social media post didn’t say exactly when the firm will start taking orders…


Read More Here

Daily Headlines

Breaking News: