Finance Science & Digital Transportation

Chinese property developer makes major investment in EV factories

Evergrande Group has said it will spend 160 billion yuan, equal to $23.1 billion, on three new production facilities in Guangzhou

Jonny Bairstow

06/14/2019 3:30 PM

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Chinese property developer makes major investment in EV factories

Image: Shutterstock

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Jonny Bairstow

Jonny is rubbish at cricket (a bit like his namesake) but very good on old bikes. A charmingly well-educated young man, he is both the most polite reporter we have had and the most laid back. A top performer who is never easily distracted his languid cool…