This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: China Evergrande’s Electric-Vehicle Unit Warns of Cash Squeeze
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > China Evergrande’s Electric-Vehicle Unit Warns of Cash Squeeze
Markets

China Evergrande’s Electric-Vehicle Unit Warns of Cash Squeeze

Editorial Board Published September 25, 2021
Share
China Evergrande’s Electric-Vehicle Unit Warns of Cash Squeeze
SHARE

China Evergrande Group ’s once-highflying electric-vehicle unit warned it was facing a “serious shortage of funds” and might not be able to meet its financial obligations, adding to the challenges facing its heavily indebted parent company.

In a filing late Friday in Hong Kong, China Evergrande New Energy Vehicle Group Ltd. , or Evergrande Auto, also said that it had stopped paying some operating expenses, and that some companies had stopped providing it with supplies. The EV maker said there hadn’t been material progress on restarting projects that had previously stalled because of payment delays.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article For Self-Driving Cars, the Hot New Technology Is… Radar For Self-Driving Cars, the Hot New Technology Is… Radar
Next Article Huawei CFO Meng Wanzhou Reaches Deal With Justice Department Huawei CFO Meng Wanzhou Reaches Deal With Justice Department

Editor's Pick

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Studying Time: 2 minutes Beloved influencer Emman Atienza has been discovered lifeless in Los Angeles. She was simply 19 years…

By Editorial Board 2 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing

Santa Rosa police have arrested a person and lady from Dublin within…

2 Min Read

Oponion

Twitter Suspends Accounts of Several Journalists

Twitter Suspends Accounts of Several Journalists

TechSocial-media platform also blocks official account of rival platform Mastodon

December 16, 2022

26 Finest Sneaker Manufacturers For Males In 2024 | Fashion

There was a time not so…

September 20, 2024

7.4 magnitude earthquake strikes off coast of Chile and Argentina, tsunami warning issued

A 7.4 magnitude earthquake struck off…

May 2, 2025

Pricey Abby: My spouse’s large downside is hidden within the closet

DEAR ABBY: My spouse is a…

April 3, 2025

Drop All the pieces! Koio’s Cyber Monday Sale Is Too Good to Miss | Fashion

We independently consider all advisable services.…

December 2, 2024

You Might Also Like

Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations
Markets

Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations

Commodity Futures Buying and selling Fee Appearing Chair Caroline Pham discusses the ‘crypto sprint’ initiative, how regulation might strengthen U.S.…

6 Min Read
Fox Corp hits promoting income document in first quarter
Markets

Fox Corp hits promoting income document in first quarter

Burger King and Tim Hortons gross sales up on resilient site visitors; Kimberly-Clark revenue falls; Report: Shops providing extra reductions…

2 Min Read
Ex-trader recordsdata 0M lawsuit towards UBS over Libor manipulation scandal
Markets

Ex-trader recordsdata $400M lawsuit towards UBS over Libor manipulation scandal

Market Insurrection co-founder Jon Najarian explains what brought about vitality costs to rise, addresses whether or not he would purchase…

4 Min Read
Apple, Microsoft hit T milestone
Markets

Apple, Microsoft hit $4T milestone

Constellation Analysis founder R 'Ray' Wang analyzes Microsoft, Meta and Apple on 'Varney & Co.' Apple and Microsoft joined Nvidia…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?