BREAKING: China Evergrande said to be in talks with firms including NIO, XPeng to sell EV unit | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

BREAKING: China Evergrande said to be in talks with firms including NIO, XPeng to sell EV unit

Chinese property developer Evergrande Group is currently in talks with several companies, including NIO, XPeng Motors and Xiaomi, to sell its electric vehicle business, chinastarmarket.cn reported Thursday.

As of now, the results of the talks have not been finalized. However, Xiaomi will still choose to build its own car, and the address will be officially disclosed next week at the earliest, the report said.

NIO, XPeng and Xiaomi have not yet responded to the information, the report said.

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