Sweden's NEVS seeks new owner in light of parent company Evergrande's financial woes

NEVS, an electric-vehicle startup most widely recognized for its attempt to restart production of Saab cars early last decade, is looking for a buyer. NEVS is owned by Evergrande Group, the Chinese conglomerate whose main property development arm has debts of over $300 billion and could be just days out from defaulting on some of that pile. In an...