China Evergrande May Delay Electric Cars Without More Funds

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China Evergrande May Delay Electric Cars Without More Funds

Bloomberg2021-08-30

China Evergrande Group’s electric-vehicle unit said it might have to delay car production unless it can secure more capital in the short-term. “The mass production of Hengchi vehicles has entered the ...

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ChenJing4826
·2021-08-31
Hohoho
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1
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- ChenJing4826:
  Haha hi there?
  2021-08-31
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- Rache13:
  Yea
  2021-08-31
  Reply
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Troytan
·2021-08-31
Too ambitious and over leveraging
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1
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chi911
·2021-08-31
Like my post and you will huat big
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Zer0Dy
·2021-08-31
Nice!!
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1
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RS142
·2021-08-30
Omg
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6
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LongZR
·2021-08-30
Good
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- LongZR:
  nice
  2021-08-30
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Azelia
·2021-08-30
like pls
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6
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ROLEM7790
·2021-08-30
Well said
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4
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alex alexalex
·2021-08-30
[害羞]
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5
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- alex alexalex:
  没
  2021-08-30
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- Apolonio:
  up
  2021-08-30
  Reply
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Anni001
·2021-08-30
Please help likeThanks
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3
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- Couragesther:
  Ok
  2021-08-30
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jaytoo
·2021-08-30
Nice
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1
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- Anni001:
  Nice
  2021-08-30
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fortuna
·2021-08-30
Like
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4
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- jaytoo:
  Done
  2021-08-30
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YLS0721
·2021-08-30
Sd
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- Lowger:
  woooooaaaaw
  2021-08-30
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YLS0721
·2021-08-30
Dd
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Jingsheng
·2021-08-30
Vv
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- Lowger:
  wooooooaaaaw
  2021-08-30
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DylanYii
·2021-08-30
Pls like
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- char_liew:
  Ok
  2021-08-30
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Jingsheng
·2021-08-30
Cf
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3
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YLS0721
·2021-08-30
Dd
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YLS0721
·2021-08-30
Dd
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Saintrade
·2021-08-30
Oh ya
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- DylanYii:
  ?
  2021-08-30
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Revenue came in at 6.9 billion yuan, with the vast majority of that from the group’s health and aged-care business.\nMore than two years have now passed since Evergrande’s billionaire Chairman Hui Ka Yan pledged toovertakeElon Musk’sTesla Inc.as the world’s biggest EV maker within three to five years. That is looking increasingly impossible as Tesla ships record volumes, while Evergrande has only teased the market with video of EVs undergoing testing in Mongolia and a lavish display of nine models at this year’s Shanghai Auto Show.\nLiquidity Concern\nOf greater concern to investors, and Hui, is the unit’s cratering share price. 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