Evergrande NEV puts Hengchi 5 production on hold due to lack of funds
CN EV Post
APRIL 25, 2023
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.
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