HONG KONG - China Evergrande Group, one of the nation's biggest developers, has further signalled its intent in the race to become the nation's top rival to Tesla, with a proposal to list its electric vehicle unit in Shanghai.
Business trends
Evergrande plans Shanghai listing to boost EV goal
Chinese developer aims to become largest electric vehicle maker in 3-5 years
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One of the new Evergrande electric vehicle models unveiled this year. The Chinese developer is promising a big push into EVs. (Photo courtesy of Evergrande)
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