The History of Evergrande Auto (Hengchi, NEVS)
The Rise and Collapse of Evergrande New Energy Vehicle Group, Hengchi, and NEVS Evergrande Auto, officially known as China Evergrande New Energy Vehicle Group Limited, represents one of the most ambitious—and ultimately troubled—automotive ventures in modern history. During the late 2010s, the company sought to become one of the world’s largest manufacturers of electric vehicles…