HONG KONG -- Shares of the electric vehicle unit of property developer China Evergrande Group fell sharply after reports it would be a target of an industry investigation by China's top economic planning body.
Electric cars in China
Evergrande unit's shares hit by report of Beijing EV investigation
China launches nationwide review of electric-vehicle projects
One of Evergrande's roster of EV models. (Photo Courtesy of Evergrande Group)
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