Evergrande's Hengchi 5 electric SUV rolls off Tianjin plant after much delay, a key step in transforming the world's most indebted developer
The roll-out of the much-delayed SUV bookmarked more than a year of anxious wait for Evergrande’s shareholders, who poured HK$30 billion (US$3.85 billion) into the company to fund founder Hui Ka-yan’s aspiration to “beat Tesla” in the world’s largest market for electric cars.
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Source: scmp.com