100,000 EVs Suddenly Turn To JUNK! China’s No.2 EV Company Goes Bankrupt! China’s EVs Have No Future

According to mainland Chinese media reports on October 9th, Weltmeister Automobile Technology Group Co., Ltd., once a sensation in the automotive world, is on the brink of bankruptcy. Since October 11th, numerous owners of Weltmeister’s new energy vehicles took to social media platforms, reporting issues with the car’s official systems - “Weltmeister Zhixing” and the “Xiao Wei Companion“ Bluetooth key, as well as remote control functions, noting they were malfunctioning. The Weltmeister car mobile APP displayed “network abnormality,“ hinting that the backend service might have stopped. Additionally, the official Weltmeister car service hotline went unanswered, and their website experienced loading issues. With the rise of EVs, a new challenge has emerged. As connected services become widespread, these key selling features turn into mere decorations when the vehicle companies face bankruptcy or leave the market. Many netizens realized that the issue isn’t just about getting the car fixed after an EV company’s collapse; it’s that the car might not function at all. This is the immediate challenge facing nearly 100,000 Weltmeister car owners. #chinaev #electricvehicle #chinaeconomy #chinaobserver All rights reserved.