This article only represents the author's own views.
Chinese electric vehicle (EV) makers are falling like dominoes lately. One of the latest was Neta Auto, whose CEO Zhang Yong stepped down and was replaced by founder Fang Yunzhou amid massive layoffs in October. Not long afterwards, Ji Yue Auto plunged into a similar crisis as angry unpaid workers surrounded CEO Xia Yiping to demand their salaries and other benefits at the company’s Shanghai headquarters.
As those and others travel down the same road toward oblivion, similar to former highflyer WM Motor, another company, Skyworth Auto, has been working furiously just to get its newest EV model onto the road in Hong Kong. Qi Kuiyuan, the general manager of Skyworth’s international marketing center, said the company is planning to roll out its Skyworth K model in Hong Kong, and expects to sell around 100 units in the first year.