Yilei Sun and Brenda Goh
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Embattled Evergrande's EV unit vows to make cars early next year
China's embattled Evergrande New Energy Vehicle Group said on Monday it aimed to start producing electric vehicles (EV) next year despite facing a struggle to secure external investment. China's embattled Evergrande New Energy Vehicle Group said on Monday it aimed to start producing electric vehicles (EV) next year despite facing a struggle to secure external investment. -
China's Geely Warns Of Chip Shortage, But Keeps Annual Vehicle Sales Target
China's Geely Automobile Holdings Ltd retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term impact of a global chip shortage and a resurgence of the coronavirus pandemic. China's Geely Automobile Holdings Ltd retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term impact of a global chip shortage and a resurgence of the coronavirus pandemic.