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Evergrande New Energy smashed another 800 million RMB to win three plots in Nantong, Jiangsu Province, and the production car Hengguaneng 93 has gone offline.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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After Evergrande Guoneng's first electric car was mass-produced at the Tianjin plant, Evergrande did not stop and spent another 800 million on land.

According to media reports, Jinhao Life Service (Jiangsu) Co., Ltd. won two residential sites at a rock-bottom price of 704 million yuan in the land market in Nantong, Jiangsu Province on July 5, with a transaction price of 245 million yuan with a use area of 42424 square meters. the other land sold for 459 million yuan, with a use area of 80636 square meters. In addition, another industrial land was won by Junjiang New Energy Technology (Jiangsu) Co., Ltd. with an upset price of 138 million yuan.

It is worth noting that both Jinhao Life Service and Junjiang New Energy Technology are 100% owned by Evergrande Guoneng New Energy Automobile Group, which means that Evergrande National Energy New Energy finally won three major sites with a base price of 843 million yuan.

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It is understood that Evergrande has made frequent moves since April this year, successively investing in Tianjin, Guangzhou, Zhengzhou and Nantong, with a total amount of about 2.1 billion yuan. At the same time, Evergrande has also laid out a series of new energy vehicle industry.

On June 11, Evergrande signed a strategic cooperation agreement with the Guangzhou Municipal people's Government that the three major bases of Evergrande's new energy vehicle industry will be located in Nansha, with a total investment of 160 billion yuan. In the future, Nansha base can produce 1 million vehicles, 1 million sets of electric motors and electric control systems, and build a power battery factory with 50GWH production scale.

On June 16, Evergrande signed a strategic cooperation agreement with the Shenyang Municipal people's Government, announcing that it would invest 120 billion yuan to build three major bases for new energy vehicles in Shenyang.

In Guangzhou and Shenyang alone, Evergrande's planned investment in new energy reached 280 billion yuan.

Not only that, Evergrande also invested heavily in the acquisition of a series of new energy supporting manufacturers, access to "vehicle R & D and manufacturing + three power core technology." In January this year, Evergrande directly acquired a 51% stake in NEVS to become a major shareholder of the latter, at a price of about 6.4 billion yuan, obtaining the conditions for rapid car construction. NEVS (Guoneng Automobile) has factories in Sweden and Tianjin, mainly based on Sweden's SAAB Phoenix E platform and Saab technology to build pure electric vehicles.

In January, Evergrande bought Japan's Kanai for nearly 1.06 billion to acquire ternary lithium-ion battery technology, and then won e-Traction of the Netherlands and Protean of the United Kingdom to acquire motor technology for commercial and passenger cars. It means that Evergrande should not only build cars, but also produce its own batteries and motors to complete the layout of the whole industry chain.

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On June 29, the Evergrande New Energy Automobile Group, built by Xu Jiayin, ushered in the first mass-produced car, and Evergrande Guoneng 93 model came off the line at the Tianjin factory.

Both Xu Jiayin and Evergrande Annual report said: strive to become one of the largest and strongest new energy vehicle groups in the world in 3-5 years.

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