Chinese EV Startup WM Files for Bankruptcy

CleanTechnica
By Raymond TribdinoOct 13, 2023, 11:55 am166 pts
The promising Chinese electric vehicle startup WM Motor (a.k.a. Weltmeister) has declared bankruptcy. In a document filed in a Shanghai court this Monday, a copy of which was obtained by CleanTechnica, WM Motor indicated that it has grappled with operational issues in recent years. It said in a statement on its…

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