Evergrande Electric Vehicles Details. As evergrande ceo hui ka yan announced in october, electric vehicles are to become the company’s main business instead of real estate within ten years. The head of evergrande's electric vehicle ( ev) arm, liu yongzhuo, has been detained by authorities, the company confirmed on monday.
Said it has started delivering its first electric model, after the company repeatedly missed mass production. Evergrande plans to roll out electric cars in 2022, sending shares of its auto unit 4.5% higher.