STOCKHOLM—The Swedish electric vehicle unit of China Evergrande Group is in talks with U.S. and European venture capital firms and industrial partners to find new owners, its top chief said, as its Chinese parent battles default on more than $300 billion in debts.
National Electric Vehicle Sweden AB (NEVS), owned by the cash-strapped Chinese property developer, has funds to last “for a good while,” its Chief Executive Stefan Tilk said, adding that several investors were showing interest in the firm.
