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In August 2020, Evergrande New Energy vehicle released six new cars: Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5 and Hengchi 6, covering all levels from A to D, as well as passenger cars such as cars, sedan cars, SUV, MPV and crossover cars. In February 2021, Hengchi new energy vehicle once again released Hengchi 7, Hengchi 8, Hengchi 9 three new cars, with the release of three new models, Hengchi new energy vehicle product camp has been expanded to 9. At this year's Shanghai Auto Show, Hengchi put nine new cars on the booth, temporarily in front of the public and the media.

Recently, patent diagrams for a number of Hengchi models, including Hengchi 1, Hengchi 5 and Hengchi 6, have been obtained from the State intellectual property Office. The patent diagrams of the three models are basically consistent with the appearance of real cars displayed at the auto show.

Hengchi 1 positioning pure electric medium and large car, designed by Anders Warming, former BMW design director. From the perspective of the real car displayed at the auto show, the new car will be designed in a different color from the body in the roof, engine cabin, A-pillar and B-column. In terms of body size, the length of Hengchi 1 is 5320mm and the wheelbase is 3170mm. It is understood that Evergrande 1 is the flagship model of Evergrande, the only model with a price of more than 500000 yuan, against the standard Audi A8L, Tesla Model S, Mercedes-Benz S-class. The reference price is 842800 yuan for Audi A8L, 733900 yuan for Model S and 899800 yuan for Mercedes-Benz S-Class.

Hengchi 5 positioning pure electric compact SUV, from the point of view of the real car on display at the auto show, canceled the penetrating LED daily running lights at the front, but the shape of the headlamp is still characteristic, the shape of the heat dissipation opening on both sides is still sharp, the side skirt on the side of the car body has red decoration stripes, and the rims are painted in bright black. The design of the rear of the car is not complicated, and the through taillight is still the highlight. It is understood that the price of A-class SUV Hengchi 5 is less than 200000 yuan, compared with BMW X1, Audi Q3, Mercedes-Benz GLAs and other luxury entry-level models.

Hengchi 6 positioning pure electric compact cross-border SUV, although the same positioning is compact SUV, but the shape design of Hengchi 6 is more personalized than Hengchi 5, the front of the car still uses a closed front grille design, internal corrugated style design, enhance the momentum of the front face. The headlamp shape of Hengchi 6 is very unique. From the front, it looks like a bird that is spreading its wings and is highly recognizable when lit at night. According to the previously released data, the length of the new car is 4702mm, the wheelbase is 2780mm and the comprehensive range of the new car can reach 720km.

It is understood that the prices of A-class SUV Hengchi 5 and A-class cross-border SUV Hengchi 6 are less than 200000 yuan, the standard BMW X1, Audi Q3, Mercedes-Benz GLAs and other luxury entry-level models; compared with other models, Hengchi 5 and Hengchi 6 have a lower positioning and lower prices, which may be more easily accepted by consumers in the market.

Sean, chairman of Evergrande, said he plans to achieve annual production and sales of more than 1 million vehicles by 2025 and more than 5 million by 2035. In the specific market, Evergrande's share in the entry market is 43%, the mid-market is 37%, the middle and high-end market is 12%, and the high-end market is 8%.

Evergrande belongs to cross-border car manufacturing and has no experience in the field of car manufacturing, but thanks to its "banknote ability", Evergrande will soon be able to achieve the layout of its supply chain and has been paying more attention in the industry. Evergrande's share price has risen sharply over the past year, but it has continued to fall since the Shanghai auto show.

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