Xiaomi denies Evergrande NEV stake rumors

Teslarati
By Simon AlvarezMay 31, 2024, 7:57 am61 pts
Chinese tech giant Xiaomi has denied rumors that it is planning a 58.5% stake in Evergrande New Energy Vehicle Group (Evergrande NEV). Xiaomi’s denial of the rumors was posted by a spokesperson of the company on Chinese social media platform Weibo. “Xiaomi EV has never had any plans or moves to acquire or…

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