This brand, known for its Mini Cooper replica, has manufactured thousands of electric versions. Many of these vehicles were acquired by Panda Auto, a company similar to Uber that operated in 12 Chinese cities and had 4 million users and 25,000 electric cars.
In 2016, Panda Auto joined forces with Lifan to expand its fleet. However, in its ambition to develop an autonomous car service, it faced a technological failure in tests carried out in the city of Chongqing.
This setback was the beginning of a financial crisis that culminated in Lifan's bankruptcy at the end of 2020.
Geely acquired Lifan, but did not include Panda Auto in its plan. With debts of 4 billion dollars, Panda Auto also declared bankruptcy and liquidated assets, leaving a fleet of 20,000 electric cars abandoned to the mercy of the weather.
Although dirty, these vehicles remain new and abandoned.
There's graveyards for electric scooters and bikes as well
Thry should export them for countries inneed
no one needs cheap vehicles made to exploit government incentives and tax breaks