NEW-ENERGY VEHICLE

Adhering to the orientation of "being the world leader in core technologies and product quality", Evergrande New Energy Automotive has built a complete industrial chain of new energy auto covering vehicle manufacturing, motor control, power batteries, vehicle sales, smart charging and sharing mobility, and has mastered the world-class core technologies in all key links. It implements a globally integrated R&D model and has established research institutes in China, Sweden, Germany, the United Kingdom, the Netherlands, Austria, Italy, Japan, and South Korea. It owns multiple high-end manufacturing bases in Sweden as well as in Guangdong, Shanghai, Tianjin and Liaoning of China to produce a full range of world-leading products. Evergrande New Energy Automotive strives to build the largest and strongest new energy automotive group in the world in 3 to 5 years.

Enhanced by the vehicle R&D and manufacturing technologies from Sweden

On January 15, 2019, Evergrande purchased NEVS. Adopted Saab's slogan "Man and car as one, in nap-of-the-earth flight", NEVS is working to create world-leading intelligent electric car technology.

On January 29, 2019, Evergrande NEVS joined hands with Koenigsegg, a world-leading supercar company, to found a joint venture company and to develop and produce world's top new energy vehicles.

Advanced New Energy Technology in Japan

On January 24, 2019, Evergrande bought a controlling interest in CENAT, a power battery company. CENAT was co-founded by the China Automotive Technology and Research Center (CATARC) and ENAX Inc. of Japan. With technology originating from Kazunori Ozawa, the "Father of the Lithium Battery", and his research and development team of over 1,000 employees, CENAT ranks among the top ten in the industry in terms of battery output.

Advanced Three-in-One Powertrain Core Technology from Germany

On July 24, 2019, Evergrande has established a joint venture with Germany-based Hofer, a global industry leader in automotive power engineering, acquired the core technology of the world's most advanced three-in-one powertrain and the world's highest level of R&D and manufacturing capability.

Advanced In-wheel Motor Technology of the Netherlands and England

On March 15, 2019,Evergrande purchased e-Traction, a Dutch company with world's most advanced in-wheel motor technology for commercial vehicles that has been widely used in Occident like Germany and the United States.

On May 30, 2019,Evergrande has become a stakeholder of Protean, a UK company, which has the world's most advanced in-wheel motor technology for passenger cars that has been applied in famous car companies such as Mercedes-Benz and Ford.

World's Largest Vehicle Sales Channel

On November 6, 2018, Evergrande became a shareholder of Guanghui Industry Investment Group which possesses the largest vehicle sales network and channel in the world.

Smart Charging

On July 28, 2019, Evergrande Group and State Grid have established a joint venture, aiming at providing smart charging services for parking spaces in communities to facilitate the charging of new energy vehicles, thus contributing to the implementation of China's national energy strategy.

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