I heard that the domestic Extreme Leap Automotive has collapsed

【Why did Extreme Leap collapse? Insiders: The two major shareholders, Baidu and Geely, are unwilling to invest more money, and the promised 3 billion financing has not arrived】Regarding Extreme Leap's current predicament, an internal source revealed that the trigger for the incident was the lack of support from the shareholders behind it, which led to the company being out of funds. He disclosed that in the first half of this year, Extreme Leap had already agreed with the shareholders on a new round of financing. The original plan was for a 3 billion financing to arrive in the second half of this year, "It was basically a done deal, and the company's business was still being promoted, but when the company really hoped that the 3 billion financing would arrive as soon as possible, Baidu suddenly stopped funding." The failure of this financing to arrive directly resulted in the company's crisis. As of the time of publication, Baidu had not commented on the above statement.

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