Future outlook of China’s worst-selling green car companies to become even bleaker
China Evergrande New Energy Vehicle Group Ltd., the green car maker that's part of the defaulted property developer and which in early 2019 bragged it would one day take on Elon Musk's Tesla Inc., has lost a staggering $10.8 million for each electric battery-powered car sold in its short existence, or $14.4 billion on the around 1,300 of its vehicles registered, as Hyperdrive calculations indic