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China’s Evergrande Shows Off Six New NEV Prototypes

A unit of Chinese real estate giant Evergrande Group unveiled an impressive six new energy vehicle prototypes under its Hengchi brand today at special events held in Shanghai and Guangzhou. Healthcare service firm Evergrande Health Industry Group, which is shifting its main line of business to the electric vehicle sector, revealed a range of high-end, ultra-luxurious, pure electric sedans, sports utility vehicles and multi-purpose vehicles numbered Hengchi 1 to Hengchi 6. The cars are designed by Denmark’s Anders Warming, the US’ Michael Robinson and Japan’s Maruyama Satomi, part of a global automotive design alliance formed last year by group Chairman Xu Jiayin. Mass production of the vehicles will begin next year, the Shenzhen-based firm said. Evergrande’s NEV production base plant in Guangzhou, southern Guangdong province, will go into operation in September or October, according to tech media 36Kr. The firm intends to build 10 vehicle manufacturing and core technology parts plants ...