WM Motor

The Weltmeister W6 is an important SUV model targeted for export. (Photo from WM Motors)

Chinese EV Startup WM Files for Bankruptcy

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 … [continued]