I have a sneaking suspicion that there are more than a few Chinese EV companies with flimsy finances or finances that are propped up by the state. The growth of the Chinese auto industry just stinks of artificial growth through government patronage to me.
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Chinese EV startup WM Motor files for bankruptcy | Spyke
I have a sneaking suspicion that there are more than a few Chinese EV companies with flimsy finances or finances that are propped up by the state. The growth of the Chinese auto industry just stinks of artificial growth through government patronage to me.