Evergrande Health Group, a unit of Chinese developer Evergrande Group, said on Friday it aims to become the world’s largest maker of new generation vehicles, and will continue to plough money into the business amid a reported net loss of 1.43 billion yuan (US$213.6 million) for 2018, down from a profit of 301 million yuan the previous year.“New generation cars replacing petroleum-fuelled ones will be the inevitable trend, and Evergrande has chosen the right path,” said Peng Jianjun, the vice…
Source : South China Morning Post
Read more…Evergrande Health vows to challenge the likes of Tesla, become the world’s biggest electric vehicle maker















