Evergrande Boardroom Turmoil: How the NEVS Sale Sparked High-Level Resignations
The fallout from NEVS’ sale has shaken Evergrande’s leadership, with key board members resigning in protest. Was this a rushed decision, or a sign of deeper turmoil?
The fallout from NEVS’ sale has shaken Evergrande’s leadership, with key board members resigning in protest. Was this a rushed decision, or a sign of deeper turmoil?
Two or three months after the latest news from Trollhattan related to the events in the company NEVS, new news is coming to us from the headquarters of the former Saab. As a reminder, the company NEVS had to lay...
Unfortunately, only bad news comes from Trollhattan. The latest news indicates that NEVS continues to sell its assets, and that there is no talk of their announced "partner search". Although the company's spokesmen, due to the financial collapse of the...
At the beginning of last week, a great deal of media attention was caused by the disclosure of the dimensions of the crisis in which the Evegrande Group fell into, as well as the information on the NEVS sale of...
Koenigsegg today announced the buyback of NEVS’s 65% stake in the joint venture company Meneko that produces the Gemera 4-seater Hypercar. As we reported earlier, the owner of the company NEVS (Evegrande Group) is in great financial problems, so he...
Last week, the world media, and those who follow the events around the former Saab company, were surprised by the announcement that the company Evegrande Group, as the majority owner of the company NEVS, is in big financial problems. Also,...
The Evergrande Group signed strategic agreements with well-known names in the automotive industry last year. Among them the German automotive engineering company FEV Group, EDAG, IAV Group as well as AVL from Austria and Magna from Canada. The well-known Italian design...