China’s Covid lockdown rules are sending prices higher, says Chinese EV start-up Posted on January 31, 2022 by Travel editor Covid-related factory shutdowns and travel restrictions have increased production costs for Chinese electric car start-up WM Motor, CEO Freeman Shen told CNBC. Post navigation What is the Lunar New Year all about? Your guide to the 15-day festivalOil rises, hovers near 7-year highs on supply fears, political risks