Tech Insider: BYD Considers Price Hikes as Tesla Boss Eyes South Korea
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.
WM Motor slashes salaries amid expanding losses
WM Motor Holdings Ltd. is cutting salaries by half for management and by nearly a third for staff members, Caixin has learned, as the electric-vehicle startup struggles with sluggish sales and ballooning losses.
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