New electric taxis at a public charging station in Shenzhen, south China. Photo: AP

Evergrande Health pays US$155 million for control of electric-car battery maker

  • China’s third biggest builder by sales will use its health subsidiary to pay 1.06 billion yuan for 58 per cent of Shanghai CENAT New Energy
  • Move marks latest foray into new-energy vehicles for Evergrande, which bought majority stake in an electric carmaker last week
Topic |   Electric cars

TOP PICKS

New electric taxis at a public charging station in Shenzhen, south China. Photo: AP
READ FULL ARTICLE