{"id":609760,"date":"2023-10-11T11:48:21","date_gmt":"2023-10-11T06:18:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=609760"},"modified":"2023-10-11T11:48:21","modified_gmt":"2023-10-11T06:18:21","slug":"chinese-ev-startup-wm-motor-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinese-ev-startup-wm-motor-files-for-bankruptcy\/","title":{"rendered":"Chinese EV startup WM Motor files for bankruptcy"},"content":{"rendered":"<p>BEIJING: Chinese electric vehicle startup WM Motor has filed for bankruptcy, marking the demise of a promising standout among China&#8217;s EV makers as price competition in the world&#8217;s largest auto market heats up.<\/p>\n<p>A court in Shanghai is handling the bankruptcy case, according to a filing dated Monday on the national enterprise bankruptcy information disclosure platform.<\/p>\n<p>&#8220;WM Motor&#8217;s planned reorganisation will introduce strategic investors from across the globe to achieve its rebirth,&#8221; the company said in a statement posted on its official Weibo account on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: Chinese electric vehicle startup WM Motor has filed for bankruptcy, marking the demise of a promising standout among China&#8217;s EV makers as price competition in the world&#8217;s largest auto market heats up. A court in Shanghai is handling the bankruptcy case, according to a filing dated Monday on the national enterprise bankruptcy information disclosure platform. &#8220;WM Motor&#8217;s planned reorganisation will introduce strategic investors from across the globe to achieve its rebirth,&#8221; the company said in a statement posted on its official Weibo account on Tuesday.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-609760","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=609760"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609760\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=609760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=609760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=609760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}