China Evergrande's EV unit to sell 20% stake in Swedish firm

Reuters
25 Feb
China Evergrande's EV unit to sell 20% stake in Swedish firm

Feb 25 (Reuters) - China Evergrande New Energy Vehicle Group 0708.HK, the electric vehicle unit of China Evergrande 3333.HK, said on Tuesday it agreed in November to sell its 20% stake in Sweden-based AB Trollhättan Propellern 13 for 60 million Swedish krona ($5.63 million).

($1 = 10.6557 Swedish crowns)

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Subhranshu Sahu)

((Shivangi.Lahiri@thomsonreuters.com;))

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