On January 12, Evergrande Automobile's first electric vehicle product, Hengchi 5, officially rolled off the production line and announced relevant videos. At this point, Evergrande Automobile, which has been ridiculed countless times by netizens, has finally come up with its first product.
Many netizens may remember that in 2021, evergrande automobile market value once surpassed BYD and Evergrande real estate, becoming the highest domestic car company with the highest market value. At that time, many people ridiculed that Evergrande Automobile did not release a product, and it actually became the car company with the highest market value in China.
Due to the delay in the listing of the first product, Evergrande Automobile has been falling all the way to HK$43.7 billion (about 35.7 billion yuan). BYD's market capitalization has soared, and it is already the third largest car company in the world, after Tesla and Toyota.
Evergrande Automobile's first product is finally off the production line, which may be able to make evergrande auto supporters see hope, enhance their confidence in Evergrande auto, and help Evergrande auto stabilize the stock market situation, but the ultimate fate of Evergrande auto still depends on the sales performance of Hengchi 5.
The off-line of the car means that mass production can already be made, but mass production and large-scale mass production are two concepts. Hengchi 5 went offline today, which means that this car has been produced and can be put on the market on a small scale, but whether it can be listed for sale is still debatable. The premise of large-scale mass production is that the construction of the car company's factory is completed, the supply chain integration is completed, and it is difficult to say which step Evergrande Automobile has taken.
In addition, earlier revelations showed that Evergrande Automobile is positioned relatively high, and it is expected to be priced at more than 200,000 yuan. Can see the current situation, if the first product can not go to the volume, then Evergrande Automobile's life will be very sad. Once Hengchi 5 chooses to go, then the price can not be set too high, it is estimated that it will be between 150,000 yuan and 200,000 yuan.
According to the network information of the Ministry of Industry and Information Technology, Hengchi 5 adopts lithium iron phosphate battery, the peak power of the motor is 150W, the maximum speed is 180k/h, and the body size is 4725*1925*1676mm. Sold to more than 200,000 yuan, the competitiveness of Hengchi 5 is slightly insufficient, but if the starting price is about 150,000 yuan, it is still worth looking forward to.
In 2021, the electric vehicle industry is booming, and relevant departments have confirmed that in view of the development situation of the new energy automobile industry, starting from New Year's Day in 2022, new energy vehicle subsidies will decline by 30% on the basis of 2021, and recently Tesla, Xiaopeng and many other new energy vehicle companies have begun to increase prices. Evergrande Automobile missed the golden time for the release of new energy vehicles, and suffered subsidies reduction, and the situation it faces is still very grim.