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Clare Jim

FILE PHOTO: A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. Picture taken October 20, 2021. REUTERS/Yilei Sun/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Creditor files for liquidation of Evergrande NEV unit

New bankruptcy proceeding against EV arm could add pressure on the liquidators of the world's most indebted property developer.

FILE PHOTO: A woman walks in front of the China Evergrande Centre building sign in Hong Kong, China December 7, 2021. REUTERS/Tyrone Siu/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China Evergrande’s EV arm units to enter bankruptcy

China Evergrande bankruptcy ruling will see units of the business reorganized.

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