According to a report by Chinese media outlet LatePost on Wednesday, following Evergrande Auto's failure to pay equipment suppliers, the production line renovation project of the firm's Tianjin factory has recently stalled.
At the conference held on Monday, Liu Yongzhuo, President of Evergrande Auto, said that the company had launched a three-month "tough battle" to ensure that the first Hengchi vehicle would be rolled off the assembly line in early 2022.
