China Evergrande's EV unit struggles to secure investors amid deepening liquidity crisis

Reuters
03 Feb
China Evergrande's EV unit struggles to secure investors amid deepening liquidity crisis

Feb 3 (Reuters) - China Evergrande New Energy Vehicle 0708.HK said on Monday it is struggling to secure strategic investors amid a severe liquidity crisis, hindering basic operations and delaying essential audits for 2024, while adding that efforts to find financial relief are ongoing.

(Reporting by Roshan Thomas in Bengaluru; Editing by Mrigank Dhaniwala)

((Roshan.Thomas@thomsonreuters.com;))

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