Automotive Busts · Full chronicle and history

The video claims that in June 2026 another 4 new energy vehicle companies, including IM Motors, showed a clear decline, and that some IM Motors dealers took payments from customers and then left.

According to statistics from Liji Consulting cited by Securities Times, as of May 2026, 23 new energy vehicle companies have undergone bankruptcy liquidation, restructuring, or a full halt in operations, having sold a cumulative total of about 850,000 new energy passenger vehicles, with after-sales guarantees affected.