Which company is WM Motor?
2 Answers
WM Motor belongs to WM Motor Technology Group Co., Ltd. The company was formerly known as WM Motor Technology Co., Ltd. Its predecessor was a three-electric system R&D enterprise established by Du Ligang in 2012. WM Motor was officially founded in January 2015. WM Motor is an emerging new energy vehicle brand in China, founded by Freeman Shen, former Vice President of Geely Holding Group, Senior Vice President of Volvo Global, and Chairman of Volvo China. WM Motor aims to build a new energy vehicle enterprise and become a better mobility solution provider. 70% of the company's employees come from traditional automotive manufacturers, while 30% are from the internet industry. The predecessor of WM Motor was a three-electric system R&D enterprise, which established a professional R&D team in Germany and built its own manufacturing plant in Wenzhou, Zhejiang Province. Advantages of WM Motor's new energy vehicles: ample space; attractive exterior design that aligns with mainstream aesthetics; good configurations, including standard full LED lights, automatic air conditioning, and Michelin tires; the manufacturer continuously improves product experience. In addition to regular software upgrades, it has also implemented numerous minor hardware upgrades.
I've always been particularly interested in automotive brands, especially in the new energy sector. WM Motor was founded in 2015 by Shen Hui, a veteran of China's automotive industry, with its headquarters in Shanghai, initially positioned to become a leader in intelligent electric vehicles. I recall Shen Hui previously worked at Volvo, bringing solid expertise to the table. The first model his team launched, the EX5 SUV, was quite popular for its focus on affordability for families and autonomous driving features, with a starting price of just over 100,000 yuan, attracting many young families. But honestly, the competition in the market has been fierce these past two years, with brands like NIO and XPeng pushing hard, leading to some decline in WM's sales. Coupled with past financial chain issues, there's concern about after-sales services. As a car enthusiast, I think WM represents innovative courage, but potential buyers should stay updated on the latest developments to avoid pitfalls, especially since service networks aren't very dense.
