Evergrande readies its own electric car, slows on the pace of EV investmentsEvergrande readies its own electric car, slows on the pace of EV investments
China’s Evergrande is significantly scaling back its investments into electric vehicles thanks to slowing sales of environmentally friendly cars. Evergrande invested approximately $2.9 billion into EV ventures this year; that number will drop to $2.1 billion in...