Weltmeister: A cautionary tale of China’s electric vehicle industry
https://thechinaproject.com/2022/11/23/weltmeister-a-cautionary-tale-of-chinas-electric-vehicle-industry/
webNov 23, 2022 · Facing the abyss. According to Weltmeister’s prospectus submitted to the Hong Kong Stock Exchange, in the three years from 2019 to 2021, the company had total revenues of 1.76 billion yuan ($246.53 million), 2.67 billion yuan ($373.71 million), and 4.74 billion yuan ($663.62 million), respectively.
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