Great Wall Motor Weighs Selling Stake in $6 Billion Battery Unit Svolt, Sources Say
(Bloomberg) -- Great Wall Motor Co. is exploring options including selling its stake in Svolt Energy Technology Co. as the battery firm’s initial public offering in Shanghai may be delayed, according to people familiar with the matter.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few