• Evergrande NEV, mired in losses, announces $500 million investment from Middle Eastern investor EV Industry

    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 carmaker at $1.82 billion.

    Aug 14, 2023 10:03 pm
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