It was first unveiled at the 2021 International Import Expo (CIIE) in Shanghai, China, alongside an updated Apollo Arrow concept, and production is believed to have started in 2022.

[3][4] Apollo says the Project EVO features a carbon fiber monocoque chassis, as well as active aerodynamics such as an electronically adjustable rear spoiler and aero fins.

[5] It comes with a full range of active aerodynamics including a large retractable and adjustable rear spoiler, aero stabilizers and triangular air intakes that are clearly visible from the sides[6][5] It features a special gradient paint job, which changes from a bright red to a bright orange depending on the angle and lighting.

The interior is almost entirely orange and black (matching the exterior), with a few white accents such as on the inside of the steering wheel, vents, and buttons.

The Apollo Evo is powered by the same modified version of the same Ferrari derived 6.3 L F140E V12 engine developed by Autotecnica Motori and HWA AG used in the IE.