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EVERGRANDE ELECTRIC VEHICLE
Shares of China Evergrande's EV unit soar after liquidators' stake sale dealShares of China Evergrande New Energy Vehicle Group doubled after liquidators agreed to sell a stake in the EV maker.27 May, 2024, 09.27 AM IST- Trading halts for Evergrande on Hong Kong stock exchange"Trading in the shares of... Evergrande Property Services Group Limited has been halted at 10:19 a.m today," the city's stock exchange said...29 Jan, 2024, 08.34 AM IST
- Evergrande's $500 million EV share deal suspended, stock to resume tradingPreviously, Evergrande said investigations had been initiated against the parent company, its founder and senior executives, while the firm...09 Oct, 2023, 12.25 AM IST
- Shares of China Evergrande suspended as chairman under police watchTrading in shares of China Evergrande were suspended on Thursday after a report that its chairman had been placed under police surveillance...28 Sep, 2023, 07.17 AM IST
- Evergrande's EV unit says it receives pre-orders for more than 37,000 Hengchi EVsThe electric vehicle (EV) unit of Evergrande started to accept non-binding pre-orders two weeks ago, with buyers paying 1,000 yuan ($148.13...20 Jul, 2022, 05.26 PM IST
- Evergrande electric vehicle arm to start taking car orders 'imminently'The plan comes as the EV firm has been struggling to secure external investment. Evergrande told investors in a call last week it was tryin...28 Mar, 2022, 10.53 AM IST
- China audits Evergrande, chairman Hui Ka Yan's assets, no fire sale for now: SourcesBeijing has repeatedly sought to reassure investors, but it has not yet indicated how it plans to stabilise Evergrande in particular, which...15 Dec, 2021, 04.04 PM IST
- China Evergrande defaults on its debt. Now what?Fitch Ratings had placed the Chinese property developer in its “restricted default” category. But instead of resolving questions about the ...09 Dec, 2021, 11.08 PM IST
- Investors await Evergrande's overdue $148 million payment as debt woes growDespite the debt woes of Evergrande, its electric vehicles (EV) unit is pushing ahead with its business plan. The unit is seeking Chinese r...10 Nov, 2021, 01.51 PM IST
- China Evergrande shares fall on persistent pressure from debt travailsChina Evergrande Group is reeling under more than $300 billion in liabilities, fuelling worries about the impact of its fate on global mark...27 Oct, 2021, 11.52 AM IST
- China's Evergrande resumes work on more than 10 projectsEvergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some met...24 Oct, 2021, 01.30 PM IST
- Before debt woes, China Evergrande's ambitious car making goals stunned industryOne of the largest exhibitions at the event, in a prime spot opposite BMW, the property developer-backed unit showed off nine concept vehic...18 Oct, 2021, 12.30 PM IST
- Embattled Evergrande's EV unit vows to make cars early next yearEvergrande NEV, which is linked to troubled Chinese developer Evergrande Group, has held meeting with suppliers and local authorities in th...11 Oct, 2021, 07.13 PM IST
- China Evergrande to raise $5 billion from property unit sale: Global TimesThe possible deal seemed to rekindle broader concerns about the risk of contagion or of a hit to China's property sector and the broader ec...04 Oct, 2021, 11.47 AM IST
- Evergrande's EV unit terminates plans to issue RMB sharesIn a statement to the Hong Kong stock exchange, China Evergrande New Energy Vehicle Group said that after careful consideration the company...26 Sep, 2021, 06.11 PM IST
- Evergrande’s EV unit admits there’s no certainty it can pay debtShares in Evergrande NEV tumbled as much as 25.8% on Friday, bringing losses for the year to 93%. In February, when the stock was at its pe...25 Sep, 2021, 01.31 PM IST
- Save money, time & energy: This Chinese firm may soon let you charge your e-car at homeThat would allow a user to charge their EV in a residential parking lot overnight.29 Jul, 2019, 06.02 PM IST
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