Evergrande's EV unit has stopped paying staff, factory suppliers: Bloomberg News
Evergrande Group's Hengchi electric vehicles (EV) are seen displayed at the Hengchi booth during a media day for the Auto Shanghai show in Shanghai, China on April 19, 2021.
PHOTO: Reuters file
PUBLISHED ONSeptember 24, 2021 4:39 AM
China Evergrande Group's electric vehicle unit has stopped paying its staff and factory suppliers, according to a Bloomberg News report on Thursday (Sept 23).