Xiaomi2 Min Read RainManonMay 30, 2024 Xiaomi denies as rumors swirl that it plans to acquire stake in Evergrande NEV Earlier today, rumors spread that Xiaomi EV was planning to acquire a 58.5 percent stake in Evergrande NEV in order to use the latter's…
Industry News2 Min Read RainManonJanuary 8, 2024 Evergrande NEV president detained on suspicion of criminal behavior Evergrande NEV president Liu Yongzhuo has been taken into criminal detention on suspicion of violating the law, an announcement said.
Industry News2 Min Read RainManonAugust 14, 2023 Evergrande NEV, mired in losses, announces $500 million investment from Middle Eastern investor NWTN will get a 27.5 percent stake in Evergrande NEV and the right to nominate a majority of the board of directors, valuing the Chinese…
Industry News2 Min Read RainManonJuly 31, 2023 Evergrande NEV jumps over 40% after stock sees dramatic plunge on 1st day of resumed trading After today's rally, Evergrande NEV stock is still down about 45 percent from before trading resumed.