GUANGZHOU -- China Evergrande Group's crisis has cast a dark cloud over the real estate empire's expensive bid to speed into the electric vehicle business.
Electric cars in China
Crisis-mired China Evergrande hits electric vehicle roadblock
Embattled property group unable to bring cars to market while finances suffer
Although Hengchi 5 SUVs have rolled off the assembly line at a plant in Tianjin, the first model from China Evergrande New Energy Vehicle Group cannot be sold to drivers. (Photo courtesy of the company)
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