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Suppliers Legacy

Forvia bolsters its China position as EV brands stumble

WELTMEISTER-MAIN_i.jpg
Chinese EV startup WM Motor filed for bankruptcy last month, shuttering its promising Weltmeister brand.
NG
By:
Nick Gibbs
November 24, 2023 05:00 AM

The threat of failure among Chinese EV brands in the country's oversaturated battery-electric sector is causing global interiors and lighting supplier giant Forvia to spread out its business there.

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