China Evergrande's electric car unit said on Sunday it will not proceed with plans to issue RMB shares on the Science and Technology Innovation Board of the Shanghai stock exchange. In a statement to ...

The EV maker had produced only 1,700 of its Hengchi EVs as of the end of 2023, and its Tianjin factory suspended production since this year. It reported a loss of 12 billion yuan for last year. Valued ...

No sign of an EV backlash among vehicle buyers in Canada Jason Kirby Published June 13, 2024 Updated June 15, 2024 ...

Shares in China Evergrande Group's electric vehicles (EV) unit <0708.HK> rose on Monday as the embattled property developer moved to prioritise the growth of its nascent EV business over its ...