3min chapter

China EVs & More cover image

Episode 94 - Zero COVID > ALL COVID, Unpacking November sales, the latest on the Global AV sector

China EVs & More

CHAPTER

Evergrande EVs

Evergrande was the largest debt company in the world. It owed like $350 billion worth of, or borrow $350 billion US dollars worth of money. When they announced this Hengchur and Evergrande EV company, nobody thought it was real. Everybody thought it was a land play. And so they've never gotten respect for their EV division ever, really. There's no right, there's lack of trust because of all that went on at the company.

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