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Zhidou

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2018

    Production Halted, Wages Owed, Layoffs and RMB 2 Billion Subsidy Unreceived; Entered Bankruptcy Reorganization

    Zhidou Electric Vehicle, affected by the phase-out of subsidies and a subsidy fraud investigation, long failed to receive more than RMB 2 billion in new energy subsidies; from 2018 to 2019 its capital chain broke, factories in multiple locations halted production, employees were owed 3–4 months of wages and laid off, and it entered bankruptcy reorganization in 2019. Bankruptcy reorganization, with strategic restructuring completed in 2023.

    Source