New Evergrande Vehicle: Hui Ka Yan's grand auto ambitions

by Lei Xing   2019-11-14

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UPDATE: Hui Ka Yan announced at the Evergrande New Energy Auto Global Strategic Partners Summit on November 12 in Guangzhou, where CEOs and senior executives of 206 automotive companies attended, that it plans to invest ¥45 billion over the next three years and build 10 production bases globally each with annual output capacity of 500,000 units aiming to sell 5 million vehicles annually within 10 years.
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