Refinitiv Newscasts - BVTV: Evergrande’s EV deal
16/08/2023 05:46
Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_be16f6it&referenceId=1_be16f6it&pageId=RefinitivNewscasts Source: Reuters Description: The embattled Chinese property group is selling a $500 mln stake in its electric-car unit and restructuring its debt. Buyer NWTN, which will also control the board, reckons the purchase can charge up its own battery-powered China plans. It’s wishful thinking, says Katrina Hamlin. Short Link: https://refini.tv/3QBXUHH Video Transcript: Verified transcript not available