Chinese firm makes insane $23 billion investment in production of 1 million EVs/yr and 500 GWh of batteries
Evergrande, a Chinese firm believed to be the biggest real estate company in the world and backers of electric vehicle startups like Faraday Future and NEVS, announced a massive $23 billion investment in the production 1 million electric cars and 500 GWh of batteries per year.
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