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China Evergrande's EV arm units enter bankruptcy and reorganization amid ongoing debt crisis.
China Evergrande's EV arm units have entered bankruptcy and reorganization proceedings, according to China Evergrande New Energy Vehicle Group.
This comes amidst Evergrande's ongoing debt crisis, which has caused global concern.
The move aims to address the financial difficulties faced by the company and its subsidiaries.
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Las unidades del brazo EV de China Evergrande entran en bancarrota y reorganización en medio de la crisis de deuda en curso.