Chinese EV Manufacturer WM Motor Files for Bankruptcy in Shanghai Court
WM Motor’s struggle highlights the challenges smaller companies and new startups face in China’s fiercely competitive EV market.
China’s WM Motor Files to Go Public in Hong Kong
WM Motor claimed it focuses only on the mainstream market, and that its low-priced vehicles are a catch considering their quality and performance.
EV Maker WM Motor Raises $1.47B in Series D Funding
WM Motor is reportedly planning to file for a listing on Shanghai’s Nasdaq-style STAR Market in early 2021.
Xpeng Raises $1.5 Billion via NYSE IPO, XPEV Stock Rose Over 41% on Debut Day
Xpeng (XPEV) stock price jumped over 41% at the end of the first trading day and is up 7.59% in the pre-market today.