Lakse
2022-07-06

$XPeng Inc.(XPEV)$China Evergrande Group (OTCPK:EVGRF) is set to begin accepting orders for its Hengchi 5 SUV model this week, per a new regulatory filing.


Preorders for the vehicle are due to open on Wednesday, with pricing expected to be far below similar offerings from domestic competitors XPeng Inc. (XPEV) and NIO (NIO). The South China Morning Post indicated that the vehicle is expected to undercut competitors at a $23,878 list price to ensure strong initial sales for the EV unit connected to the heavily distressed real estate developer Evergrande (OTCPK:EGRNF).


The announcement comes only about a week after a winding-up petition against the struggling property developer was filed in Hong Kong. Trading in the name has been suspended for months as the firm has failed to report audited financials for 2021.021.

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  • DrEaMx
    ·2022-07-07
    nice nice
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  • MortimerDodd
    ·2022-07-07
    NIO and XPENG definitely have better cars than this one.
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    • pokokoko: 
      ok
      2022-07-07
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  • EvanHolt
    ·2022-07-07
    我在这家公司亏了很多钱。
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    • LesterTan: 
      很遗憾听到这个消息。这就是为什么我只买每个行业最好的公司，所以我很容易睡觉，比如baba、tsm、adbe、amzn等。我以前也买过垃圾公司，教训是
      2022-07-08
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  • BellaFaraday
    ·2022-07-07
    Thanks for your good post.
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  • 苗派
    ·2022-07-08
    恒大集团不是有麻烦了吗？谁会买它的车，即使它是最便宜的。
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  • HelenJanet
    ·2022-07-08
    Thanks for sharing 👍[Happy]
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  • LesterTan
    ·2022-07-08
    Buy evergrande ev at your own risk!
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  • Maria_yy
    ·2022-07-07
    Let's see if Evergrande's electric car sells well.
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  • CY Tan
    ·2022-07-07
    EV industry is getting crowded, hopefully there is enough money to be make for all players.
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  • 88wlam88
    ·2022-07-07
    Strong competition on EV in China amidst the worldwide slowdown….
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  • adeley
    ·2022-07-07
    aiyo. china is unpredictable
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  • Kai kung
    ·2022-07-07
    Hengchi or kimchi..
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  • Roykoko
    ·2022-07-07
    Continue monitor, not a good time to buy now
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  • HilaryWilde
    ·2022-07-07
    Price is not everything.
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  • PandoraHaggai
    ·2022-07-07
    Evergrande has changed a lot in recent years.
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  • ElvisMarner
    ·2022-07-07
    Will Hengchi5 really launch? I doubt it.
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  • Sigit S
    ·2022-07-07
    eV is future but in what price?
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  • Lostinroom
    ·2022-07-07
    Their gov unpredictable. One move make the price like slider
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  • MaShao
    ·2022-07-07
    感谢…共享
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  • adeley
    ·2022-07-08
    wonder who writes these articles
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