On Sept 24, China Evergrande’s electric vehicle unit said it was still looking for new investors and asset sales, without which it would struggle to pay salaries to employees and cover other expenses. Reuters was on average two minutes ahead on all six key alerts.
China Evergrande EV Unit cash strapped
24 September 2021, 3:51 pm. 1 minute
The news wiped off nearly a quarter of the company’s market cap.
Topics of Interest: Automotive
Type: Reuters News First
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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