On April 24th, China Evergrande Group announced that its new energy vehicle division will sell two of its businesses to another unit within the group. The move is aimed at enabling Evergrande Auto to focus on automaking.
Since the start of 2023, a price war has broken out in China's automotive industry, leading to intensified market competition. This has made it increasingly challenging for car manufacturers with consistently low sales and inadequate self-sustaining capabilities.
On March 22, Evergrande, a property developer that has been at the center of China's property sector crisis, issued a warning stating that its electric vehicle division may need to suspend production if it fails to secure new financing.
A Shanghai subsidiary of Evergrande New Energy Vehicle Group (Evergrande Auto) recently released details about it having become a judgement debtor, as well as regarding consumption restriction orders.
Real estate developer Evergrande's automobile arm announced on September 16 that its Hengchi 5 model has started mass production in Tianjin and deliveries will begin in October. The new energy vehicle brand will also accelerate the development of other models.
Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.
हाल की रिपोर्टों के बारे में कि एवरग्रांडे मोटर्स को एक अन्य ऑटो कंपनी द्वारा अधिग्रहित किया जाएगा, 18 अगस्त को, एवरग्रांडे मोटर्स के अध्यक्ष लियू योंगझुओ ने इस खबर का खंडन किया।
সাম্প্রতিক রিপোর্টগুলির জন্য যে এভারগ্রান্ড মোটর অন্য একটি অটোমোবাইল কোম্পানী দ্বারা অর্জিত হবে। 18 আগস্ট, এভারগ্রান্ড মোটরস সভাপতি লিউ ইয়ংঝুও খবরটি অস্বীকার করেছেন।
Tungkol sa mga kamakailang ulat na ang Evergrande Motors ay makuha ng isa pang kumpanya ng auto, noong Agosto 18, itinanggi ng pangulo ng Evergrande Motors na si Liu Yongzhuo ang balita.
Mengenai laporan baru-baru ini bahawa Evergrande Automobile akan diambil alih oleh syarikat automotif lain, pada 18 Ogos, Presiden Evergrande Automobile Liu Yongzhuo menafikan berita itu.
Untuk laporan baru-baru ini bahwa Evergrande Motor akan diakuisisi oleh perusahaan mobil lain, pada 18 Agustus, Presiden Evergrande Motor Liu Yongzhuo membantah berita itu.
Evergrande dilaporkan akan diakuisisi oleh perusahaan mobil lain setelah 43 hari pra-penjualan untuk model Hengchi 5-nya. Akuisisi ini kemungkinan akan didominasi oleh pemerintah setempat.
Empat puluh tiga hari selepas pra-penjualan model Hengchi 5 bermula, Evergrande dilaporkan akan diambil alih oleh syarikat kereta lain, yang mungkin dipimpin oleh pemerintah tempatan.
Ang Evergrande Motors ay naiulat na nakuha ng isa pang kumpanya ng kotse 43 araw pagkatapos magsimula ang pre-sale na modelo ng Hengchi 5, at ang pagkuha ay maaaring pinamunuan ng lokal na pamahalaan.
