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Tianjin factory

Evergrande’s NEV unit plunges on China’s order to refund US$262 million in state subsidies

by Anas Siddiqui
Evergrande’s NEV unit plunges on China’s order to refund US2 million in state subsidies

China Evergrande New Energy Vehicle Group (NEV) plunged by the most in nearly three years, after the Chinese government ordered the unit of China Evergrande Group to return all its …

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China Evergrande’s EV unit surges 87% as potential buyers eye control of cash-strapped carmaker

by Anas Siddiqui
China Evergrande’s EV unit surges 87% as potential buyers eye control of cash-strapped carmaker

China Evergrande New Energy Vehicle Group (Evergrande NEV), the electric-vehicle (EV) manufacturing unit of insolvent property developer China Evergrande Group, surged in Hong Kong after the liquidator of its parent …

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China Evergrande’s EV unit says its liquidators found a potential buyer

by Anas Siddiqui
China Evergrande’s EV unit says its liquidators found a potential buyer

The electric vehicle (EV) unit of embattled real estate developer China Evergrande Group said liquidators are in talks with a potential buyer who may also extend a new line of …

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