The Chinese project developer Evergrande Group is interested in a takeover of Dutch automakers. The company is said to have approached DAF truck maker and VDL’s bus division, insiders reported to Bloomberg news agency. The Chinese have the necessary ambitions in the field of electric driving.

Evergrande is owned by the third richest Chinese, Hui Ka-yan. The company wants to compete with Tesla in the field of electric driving in three to five years. Hui started his empire with investments in real estate, but has now also invested money in football and in healthcare. In addition, he has accumulated a lot of debt, but the capital of the tycoon is still estimated at $ 37 billion.

With a takeover of DAF, which has been part of the American Paccar since 1996, and the bus division of VDL, Evergrande would bring in the necessary knowledge and expertise. In addition to the production of buses, VDL Nedcar also assembles cars for BMW.

However, it is not known to what extent the business units are for sale. Both Paccar and VDL did not want to respond to the rumors. According to the sources, there is certainly no question of an upcoming deal.

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