China Evergrande's EV share sale deal with Dubai-based NWTN lapses

China Evergrande's EV share sale deal with Dubai-based NWTN lapses

FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo

A share sale plan between China Evergrande New Energy Vehicle Group, the electric vehicle arm of property developer China Evergrande, and US-listed NWTN has lapsed, according to a Hong Kong stock exchange filing on Monday.