Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images
Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images

Evergrande’s first EV may roll out in 2022 with local government aid, a year behind schedule and after losing US$84 billion in value

  • Carmaking arm of distressed developer said it will make sure the first EV is ready for delivery early next year
  • Evergrande Auto said the Tianjin Binhai High-tech New Zone had pledged its support

Topic |   Electric cars
Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images
Evergrande Auto’s Hengchi models on display at the Shanghai Auto Show in April, 2021. Photo: Barcroft Media via Getty Images
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