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26 May

Aiways Shanghai could be close to bankruptcy

Chinese electric vehicle manufacturer Aiways is reportedly facing a financial crisis likely to end up in bankruptcy, despite its attempt to expand overseas.    Reports citing people close to the company revealed the company hasn't paid the staff their March and April salaries. The allegation follows delays in February and last year's salary payments. The company is also accused to have tried altering employment contracts to avoid financial respon…
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Kallanish Asia
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