The Electric Vehicle War Is Heating Up In China ...Middle East

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The Electric Vehicle War Is Heating Up In China
source : OILPRICE ( Middle East ) () 17
The EV unit of property giant China Evergrande said on Wednesday that it had started trial production of electric vehicles and showed photos and videos of SUVs on a winter road test, in what is the latest Chinese firm aspiring to become the new Tesla. Evergrande said in 2019 that it wanted to become the world’s top EV maker within three to five years, according to Bloomberg. Evergrande’s planned manufacturing sites at Guangzhou and Shanghai have launched trial production of EVs, the company said in a statement carried by Bloomberg.…

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