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Evergrande EV Share Sale Deal Lapses
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China Evergrande's EV share sale deal with U.S.-listed NWTN has lapsed, invalidating the share subscription and loan conversion subscription agreement.
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How does this lapse reflect the challenges and risks associated with cross-border share sale agreements in the EV industry?
How might the lapse of the EV share sale deal affect Evergrande's financial stability and corporate governance?
What are the potential repercussions for NWTN in the wake of the lapsed deal?
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