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Hengchi

Hengchi ,[3] officially Shenzhen Hengchi Automobile Trading Co., Ltd, was a Chinese automobile manufacturer that specializes in developing electric vehicles owned by Evergrande Group. The subsidiary entered liquidation proceedings in September 2024.[4]

History

Hengchi was founded in 2020, and is located in Nansha. There are 9 concept models, all numbered and named Hengchi 1 through Hengchi 9. All vehicles were shown at the Company Event July 2020,[5] including 4 sedans, 1 MPV, and 4 SUVs.[6][7] The cars were shown at a company event in July 2020.[8] The investment volume is estimated at 15 billion Yuan (2.14 billion US dollars).

The first and only model produced in series is the Hengchi 5, a 4.73 meter long SUV. It went on sale in the Chinese home market in July 2022.[9] In the summer of 2024, the manufacturer had to file for bankruptcy.[10]

Vehicles

Discontinued vehicles

Concept vehicles

Hengchi has 9 concept vehicles as of 2021, including the Hengchi 5 which become a production car model in 2022.

References

  1. Evergrande Hengchi 11 January 2024^
  2. NEV industry marveled at Evergrande Group's launch of six Hengchi-branded models^
  3. Named "Hengchi", Evergrande Debut New Energy Vehicle Brand By Guangzhou Evergrande Taobao FC 29 August 2019^
  4. Clare Jim. Creditor files for liquidation of Evergrande NEV unit Reuters, September 5, 2024^
  5. Evergrande's vehicle brand Hengchi debuted 6 new cars in China 3 August 2020^
  6. Evergrande Auto unveils new logo for Hengchi brand^
  7. Evergrande announces the first six Hengchi models^
  8. Evergrande announces the first six Hengchi models electrive.com, 2021-01-21, retrieved 2024-02-29^
  9. Hengchi 5 Finally Launched In China With 600 km Of Range For 26,700 USD carnewschina.com, 2022-07-07, retrieved 2024-03-07^
  10. Stefan Leichsenring. Elektroauto-Sparte von Evergrande muss Insolvenz anmelden insideevs.de, 2024-08-06, retrieved 2024-08-09^
  11. Hengchi 5 11 August 2020^
  12. Hengchi 1 Is An All-Electric Luxury Sedan From China's Evergrande^
  13. Hengchi 1 9 August 2020^
  14. Hengchi 2 9 August 2020^
  15. Hengchi 3 10 August 2020^
  16. Hengchi 4 10 August 2020^
  17. Hengchi 6 11 August 2020^
  18. Hengchi 7, Hengchi 8, Hengchi 9, officially released^
  19. Evergrande Launches Three New EVs, The Hengchi 7, 8, And 9^
  20. Evergrande Unveils Three More Pure Electric Cars in EV Push Bloomberg News, 10 February 2021^