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Sudden: the 350th batch announcement of the Ministry of Industry and Information Technology does not include Evergrande cars.

2024-10-18 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)12/08 Report--

Today, the website of the Ministry of Work officially released 350 batches of road motor vehicle enterprises and product announcements. In the list attached to the announcement, it is surprising that Evergrande's two electric vehicles did not appear in the announcement, which means Evergrande failed to pass the publicity.

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At the beginning of last month, the website of the Ministry of Industry and Information Technology publicized 350 batches of road motor vehicle products from November 9 to 16. Evergrande has two models in total in the list of new vehicle products in this period. Normally, if there is no accident, it will enter the official announcement after the Ministry of Industry and Information Technology issues the announcement, and the new car will be on the market within 4-6 months. Therefore, the first model interpreted as Evergrande by the outside world may come out soon.

The two declared models of HDE6470BEVA1F and HDE6470BEVA 0F, which appeared in the product publicity before, are both Hengchi 5LX. There are only slight differences in tire specifications between the two models. Hengchi 5 new car positioning compact pure electric SUV, model length, width and height size are 4725/1925/1688mm respectively, wheelbase 2780 mm. The market price is about 200,000 yuan, and the NEDC range will exceed 700km.

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Evergrande has indicated that this car will be rolled off the assembly line at the Tianjin factory early next year and sold in the domestic market. On October 8, Evergrande Automobile put forward the slogan of "Three Months of Work" to ensure that the first car of Tianjin Factory was off the line. From the outside world's point of view, Evergrande will mobilize talents from all over the country to Tianjin at all costs, and directly settle in the factory to ensure that new cars are off the line. In today's announcement, Hengchi Automobile was not included in the announcement, which is very surprising. There is no further information on the website of the Ministry of Industry and Information Technology, and Evergrande Automobile has no new information on this.

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On December 7, Evergrande Automobile and its full partner conference was held in Yangzhou Battery Factory. Liu Yongzhuo, president of Evergrande Automobile and chairman of Evergrande New Energy Technology, said that Evergrande, as an independent listed company, is overcoming the negative influence step by step and stepping out of the darkest moment. He said that the three-month battle to launch the first car on October 8 had achieved phased results, with the body-in-white off-line at the end of November.

At the same time, in order to cooperate with the big goal of mass production delivery of Hengchi Automobile next year and ensure the realization of Hengchi battery production target in six months, Liu Yongzhuo put forward the slogan of "180 days of heavy work, Yangzhou battery factory production" at the meeting. According to relevant media reports, the supplier representatives attending the meeting expressed their belief that Evergrande Automobile can quickly get out of the darkest moment and are willing to work together to ensure the supply of relevant raw materials, equipment and spare parts, and provide the greatest technical support to ensure that Yangzhou Battery Factory is put into production.

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A few days ago, there was a short video of Hengchi 5 flowing out on the Internet, which was the last time this model appeared in public. From the video, some photographers recorded the visual driving clips of Hengchi 5. Someone first explained the key functions around the steering wheel to the test driver. It can be seen from the video that during this process, the front door and rear door handles were not corrected, and the handles needed to be manually corrected. This video caused people to guess about the development progress.

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On the evening of December 3, Evergrande plans to issue an announcement that it plans to default on a debt of US $260 million due to insufficient funds and will not provide guarantee liability for this debt. This move quickly attracted the attention of relevant departments, and the government of Guangdong Province immediately interviewed Xu Jiayin and sent a working group to Evergrande. According to industry practice, each dollar bond issue contains a special clause that any other debt outstanding by the issuer will also fall due immediately. That move, then, could trigger a cross-default on Evergrande's nearly $19 billion in debt.

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Evergrande's own debt is flawless, and Evergrande's financing is becoming more and more frequent, and the announcement of the Ministry of Industry and Information Technology does not include Hengchi, Hengchi's listing schedule or postponed again.

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