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Evergrande NEV Abandons Car Manufacturing as Delisting Looms

Summary by Caixin Global
Evergrande NEV Abandons Car Manufacturing as Delisting Looms - The former electric-vehicle arm of China Evergrande has shifted to battery trading and technical services, reporting just seven employees, 205,000 yuan in cash and 32.7 billion yuan in liabilities

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Caixin Global broke the news in Beijing, China on Friday, September 18, 2026.
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