Evergrande had previously suspended other factories and concentrated resources on production at the Tianjin factory. The suspension of production at the Tianjin factory this time means that Hengchi has announced the suspension of production. However, officials say production is scheduled to resume in May 2023.

According to public information, Evergrande Auto was formerly known as Evergrande Health, which was originally responsible for operating China Evergrande’s big health business. In 2019, Evergrande entered the field of new energy vehicles, and Evergrande Health changed its name to Evergrande Auto. In this announcement, Evergrande Auto also plans to package and sell its 47 Health Valley projects to Evergrande at an agreed price of 2 CNY, and at the same time transfer 24.789 billion in debt.

In August 2020, Evergrande Automobile Group released the first six models of Hengchi simultaneously in Shanghai and Guangzhou. Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5 and Hengchi 6 were officially unveiled, covering Passenger car models such as sedans, coupes, SUVs, MPVs, and crossovers. Among them, Hengchi 5 will officially roll off the Tianjin factory in early 2022, and the other 5 planned models have not been disclosed. According to the information disclosed by Evergrande Automobile, as of April 24, Evergrande Automobile has delivered more than 900 units of Hengchi 5 to customers.

In November 2019, Xu Jiayin, chairman of the board of directors of Evergrande Group, made a bold statement that by 2025, the annual production and sales will exceed 1 million vehicles, and by 2035, the annual production and sales will exceed 5 million vehicles. Evergrande Automobile will become the largest and most powerful automobile in the world The strongest new energy vehicle group.

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Evergrande New Energy Automobile stated that this version corresponds to H-SMART OS V1.3.4 software, and owners of upgraded vehicles will receive OTA update notifications one after another. This upgrade mainly improves the smart cockpit and comfortable configuration experience and optimizes driving texture and other aspects.

Optimize sleep wakeup
Low-temperature vehicle wake-up optimization
In cold weather, when the battery temperature is low, the vehicle activates the heating and heat preservation function to quickly raise the battery temperature to the optimal working temperature, which improves the vehicle’s battery life and battery safety in low-temperature environments.

Optimizing power supply from power battery to storage battery intelligently
The vehicle automatically replenishes power as needed to prevent the car from being unable to start due to power loss, and to prevent capacity decay caused by deep power loss of the battery and prolong the battery life.

Optimize the function of the slow charging port cover of the vehicle
Make sure that the slow charging port can be opened normally after the vehicle is unlocked, whether it is in a low temperature or high temperature environment.

Optimize the instrument anti-theft authentication display after the vehicle is powered on
Improve the communication stability between the anti-theft control system and the drive control system to ensure the normal transmission of signals between the two systems, so that the anti-theft authentication display of the instrument is always the same after the vehicle is powered on.

Optimize communication network signal
Improve the stability of the vehicle network and later software upgrades to ensure the normal use of intelligent interactive services.

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However, a large number of orders for the transfer of the preferential quota of HCH 5 appeared on a second-hand platform, and there were reports that Evergrande employees had paid out of their own pockets to complete the sales assessment index of HCH 5.

Today, Evergrande responded to the spicy car review by saying, “At present, our side is saying that there are no employees to order”.

Hengchi 5 is positioned as a compact pure electric SUV, equipped with L2.5 + level assisted driving function, equipped with Ningde Times lithium iron phosphate battery, rated at 72.8KWh, range of 602 km, in fast charging mode, the power from 30% to 80% in just 28 minutes.

Hengchi Auto previously said that the first batch of 10,000 new vehicles will be delivered from October this year, and the first batch of 10,000 vehicles will be delivered by the first quarter of next year.

Hengchi 5 has been opened on August 1, the price of 179,000 yuan, pre-sale deposit of 1,000 yuan, the transfer of large deposit of 10,000 yuan against 20,000 yuan, according to the order of payment of large deposit delivery, the car can be returned and refunded within 15 days after picking up the car. The car is a term used in car sales, that is, users who have paid a deposit and have a very high intention.

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