Electric-vehicle startup offers 20% discount to generate funds that it says will help start long-delayed vehicle production

Unit of troubled property developer makes pledge at Tianjin plant meeting with officials of Bosch, Hitachi and other strategic partners

Shares of debt-riddled developer’s new-energy vehicle subsidiary fell as much as 26% in early trading, taking their decline this year to about 94%

Evergrande NEV shares plunge anew in Hong Kong amid parent real estate developer’s struggle with $300 billion of liabilities

Unit may have to push back mass production from originally planned rollout later this year, with sources estimating a 2022 start

China central bank's report sparks speculation on interest rate and reserve requirement cuts. The country's box office flops. Cash-strapped Evergrande is seeking to offload its assets.

Developer is trying to repair its balance sheet in line with Chinese regulators’ efforts to deleverage the property sector

Hong Kong-listed Evergrande NEV reports net loss widened to $1.2 billion in 2020 as the company poured more money into developing its nascent auto business