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Evergrande EV unit reports about $10b combined loss for 2021 and 2022

Evergrande EV unit reports about $10b combined loss for 2021 and 2022

Test cars by Evergrande are parked outside the Evergrande New Energy Vehicle (NEV)'s research center, in Shanghai, China October 6, 2021. Picture taken October 6, 2021. REUTERS/Yilei Sun/File photot

China Evergrande New Energy Vehicle Group reported a combined net loss of 71.12 billion yuan ($9.95 billion) for 2021 and 2022 as it posted its long overdue financial results on Wednesday.