Evergrande Auto suspends production at Tianjin factory; production to restart in May

On April 25, Evergrande Auto announced that it suspended the production of the Hengchi 5 at the Tianjin factory due to insufficient funds. Production is scheduled to resume in May 2023. Evergrande Auto had previously suspended other plants and concentrated resources on production at the Tianjin factory. On March 22, ....

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