EV Motoring: China's WM Motor Startup files for bankruptcy,

EV Motoring: China's WM Motor Startup files for bankruptcy, dashing the hopes of investors Tencent and Baidu to challenge Tesla

Chinese electric vehicle standout Goes McChula as price competition in the world'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.

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