One of China’s real estate giants, Evergrande Group, has set up a new energy car company and four wholly-owned subsidiaries involved in electric car technology and sales, The Paper reported. Since 2018, Xu Jiayin, chairman of Evergrande, has no longer invested in Jia Yueting’s electric car brand, Faraday Future. Instead, Xu has kicked off a series […]
Tag: New energy cars
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New energy carmaker Byton raises US$500 mn
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