Chinese EV startup WM Motor files for bankruptcy

WM Weltmeister 5 — WM makes vehicles such as the Weltmeister 5 SUV. (WM MOTOR)

By:

Reuters

October 10, 2023 08:33 AM

BEIJING -- Chinese electric vehicle startup WM Motor has filed for bankruptcy, marking the demise of a promising standout among China EV makers as price competition in the world's largest auto market heats up.

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