| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | China |
| Sector | Climate |
| Collapse type | Slow Death |
Evergrande NEV
"The EV division of Evergrande raised 9.7B dollars, built 14 factories, and delivered fewer than 1,400 cars before the parent company defaulted on 300B in debt."
Years-long decline before final shutdown
Key Events Timeline
Evergrande New Energy Vehicle raised HK$70B ($9.
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