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WM Motors was mowed down

The conquest of electric cars has begun and now the number of manufacturers has increased significantly, but even so success cannot be guaranteed.

Electric cars made in the name of environmental awareness can be put on the market from many factories. A significant number of them are Chinese manufacturers. However, high demand does not at all mean that the company producing the electric car will succeed.

6526d498d0a9c.jpg

This is proven by the Chinese WM Motors, which went bankrupt. The company is one of the smaller manufacturers and although the business seemed promising at the beginning, it did not survive the subsequent decline. There is no guarantee of this, just because many other smaller companies are trying to survive, but it is very difficult in the competition of electric cars.

(Source: autokalauz.co.hu / images: Pixabay)

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  • electric car ()
  • Chinese ()
  • bankruptcy ()
  • WM Motors ()

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