HONG KONG -- Chinese electric vehicle maker Neta Auto is scrambling to reverse a crisis that has sparked pay cuts, layoffs, production disruptions, lawsuits and the recent departure of its CEO.
Electric vehicles
EV maker Neta hits skids with layoffs, lawsuits and resignations
Woes cast doubt on IPO and highlight hard road for China's smaller players
An EV made by struggling Chinese player Neta is displayed at a motor show in Bangkok in March. © Reuters
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