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  • Chinese EV startup WM Motor applies for bankruptcy review

    Chinese EV startup WM Motor has filed for bankruptcy in Shanghai, according to the National Enterprise Bankruptcy Information disclosure platform website.

    2w ijiwei
    10-10 17:00
  • Chinese used car dealer Kaixin Auto signs agreement to fully acquire falling WM Motor

    Chinese used car dealer Kaixin Auto Holdings signed a non-binding agreement to fully acquire WM Motor by issuing new shares, announced the Beijing-based buyer on September 11, without disclosing further details.

    1.8w ijiwei
    09-14 13:02
  • Yicai Global: Chinese second-tier EV makers struggle among fierce competition and are braced for shakeout

    China’s EV industry braced for shakeout as prices plunge

    1.2w ijiwei
    05-22 15:00
  • Hong Kong-listed Apollo Future Mobility will acquire WM Motor for $2 billion as back-door listing option for the Chinese mainland's EV maker

    Apollo Future Mobility will acquire WM Motor Global Investment, a subsidiary of Chinese EV maker WM Motor

    3.1w ijiwei
    01-13 15:02
  • Chinese EV start-up WM Motor reportedly cuts salary of management and employees to cope with financial pressure

    Chinese EV start-up WM Motor’s CEO Shen Hui issued an internal letter, saying the company will cut 50% salary of M4-level and above managers and 30% salary of employees to cope with financial pressure.

    2.9w ijiwei
    11-24 20:46

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      1.2w ijiwei
      06-15 13:15

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