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Evergrande to invest CNY 160 billion in NEV base in Guangzhou

On June 11, Evergrande Group (Evergrande) and the Guangzhou municipal government signed a strategic cooperation agreement for an investment in the Nansha District.
With this agreement, Evergrande will invest CNY 160 billion in the Nansha District of Guangzhou to build three new bases related to NEVs (new energy vehi....

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