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WM Motor gets production qualification via Polarsun Automobile

SHANGHAI – WM Motor is expected to receive the much-awaited production qualification through 100 percent indirect holding of Polarsun Automobile, according to the Road Motor Vehicle Production Enterprises and Products Announcements released by the Ministry of Industry and Information Technology (MIIT) on January 16. In the enterprise admittance information of

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WM Motor receives more than £¤12 billion in funding after latest financing round with Baidu

SHANGHAI – Smart EV and mobility services startup WM Motor said in a statement on December 5 that it has completed the latest round of financing led by Baidu Capital as well as several other internet strategic and financial investors including Baidu Group, SIG Haina Asia and Ambiba. The undisclosed

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LeEco crisis prompts its peers to rethink cross-border car building

CHJ Automotive, WM Motor, Singulato, AIWAYS and Hongxing Auto are considering forming an alliance to pool resources, developing joint technology and a common EV platform to bring more quickly models to the market, according to a Reuters report in late July (Freeman Shen, founder and CEO of WM Motor, has

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At open day, WM Motor “installs” the future with AI car, AG2020 concept and more

SHANGHAI – WM Motor had just the perfect location and timing for its first ever corporate open day. The young EV startup opened up its headquarters and updated its latest plans, including its first production vehicle, the AG2020 concept, C2B manufacturing, charging app, channel development and industrial fund, to the

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AutoLab forum talks manufacturing, using and financing the vehicle

The Third AutoLab Auto Industry Annual Forum organized by AutoLab, a communications and service platform focused on new energy vehicles, telematics, aftermarket, e-commerce and entrepreneurship and investment, was held on December 2 in Shanghai. With a theme of “Uniting Forces and Confronting Transformation,” the forum discussed new manufacturing movement, smart

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