Hengchi Electric Vehicles
Evergrande Auto launched 6 new vehicles under the "Hengchi" brand, covering the A to D market and is expected to debut at the end of the year.
According to Evergrande Auto’s electric car strategy, its first model Hengchi 1 will be put into production in the second half of 2020. Evergrande Hengchi 1 will be assembled at the Guangzhou Nansha plant. The plant will be officially completed and put into production at the end of 2021. The first phase will have an annual production capacity of 200,000 vehicles. It will reach 1 million vehicles per year.
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