SHANGHAI -- China Evergrande Group said its electric-vehicle unit has started mass production of the Hengchi 5 model at a plant in the northern city of Tianjin.
SHANGHAI -- China Evergrande Group said its electric-vehicle unit has started mass production of the Hengchi 5 model at a plant in the northern city of Tianjin.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.