🇨🇳The website of the Ministry of Industry and Information Technology released that the Hengchi brand pure electric multi-purpose passenger vehicle of #Evergrande NEV (708) is in the "Catalogue of Recommended Models for the Promotion and Application of New Energy Vehicles" 
This means that the Hengchi 5 has passed the one-month publicity period for new vehicles of the Ministry of Industry and Information Technology, and is qualified for production and sales, and can be publicly pre-sold.
According to the plan previously disclosed by Evergrande Automobile, Hengchi 5 is positioned as an A-class SUV with a price of less than 200,000 yuan. It is the lowest-positioned and cheapest model among the 9 models of Hengchi Automobile. It is the benchmark for Audi Q3, BMW X1.
"Hengchi 5 is planned to be officially pre-sold in the second quarter of this year, and it is expected to be launched and delivered in the third quarter of this year."
However, the life of Evergrande Auto in 2021 will not be easy. Evergrande Auto has also announced many times that if there is a lack of further capital investment in the short term, new energy vehicles mass production schedule may need to be delayed.
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