Evergrande's EV unit to raise $500m from Dubai's NWTN

Evergrande's EV unit to raise $500m from Dubai's NWTN

The listed electric vehicle (EV) arm of indebted property developer China Evergrande Group has entered into an agreement to raise $500 million in a strategic investment to keep its business afloat.

Edited by: Pramod Mathew

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