Remove Auto Remove Events Remove Financing Remove Sweden
article thumbnail

Evergrande NEV puts Hengchi 5 production on hold due to lack of funds

CN EV Post

A Hengchi 5 on display at the 2021 Shanghai auto show. Hengchi 5 is the first mass-produced model of Evergrande NEV's Hengchi Auto, and its deliveries started on October 29, 2022. However, Evergrande NEV would be at risk of halting production in the event that additional liquidity is not available, the announcement said.

article thumbnail

Evergrande NEV warns risks of production halt if it can't get additional liquidity

CN EV Post

In order to focus its financial resources on supporting the mass production of the Hengchi 5, Evergrande NEV has continued its cost-saving initiatives and has taken measures to reduce the workforce of its Swedish subsidiary National Electric Vehicle Sweden AB, according to the announcement.

article thumbnail

‘Women are more at risk of whiplash injuries than men’, says Astrid Linder | Autocar Professional

Baua Electric

Sweden-based road safety researcher Astrid Linder works at VTI, the Swedish National Road and Transport Research Institute. Linder has received the WOW (Woman of Worth) award for her work on the development of a female dummy from Mia Liström, one of the judges of the Women’s World Car of the Year in Sweden.

Sweden 40
article thumbnail

Sweden’s Northvolt nears do business in with Canada on $7-billion EV battery plant in Quebec

Baua Electric

Inflation Aid Operate in the event that they constructed their production amenities in the US. executives in 2016, has a number one production website online in Skelleftea, Sweden, and two alternative factories within the works in Europe. Stockholm-based Northvolt, based via former Tesla Inc. Basic Motors and Posco Date M Co.

Canada 52