EV startup WM Motor mulls job and pay cuts amid financial woes

EV startup WM Motor mulls job and pay cuts amid financial woes

WM Motor's EX6 Plus smart, pure electric SUV. Source: WM Motor website

Chinese electric-vehicle startup WM Motor Holdings Ltd. is mulling job and salary cuts as the company struggles with a welter of bad news including slow sales and fundraising hurdles, Caixin learned.

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