- Baidu announces Apollo’s partnership with WM Motor
At CES 2018, Baidu officially unveiled Apollo 2.0, the latest version of the Apollo open autonomous driving platform, and announced its first batch of over 90 partners. WM Motor Technology Co. (WM Mo...
Jan. 11 , 2018
- Tencent participates in new financing round of WM Motor
WM Motor is reported to have closed another round of financing recently. The round has four participants, including China Structural Reform Fund Corporation Limited, China Minmetals H.K (Holdings) Lim...
Dec. 22 , 2017
- WM Motor unveils first mass-produced model, with maximum range of 600 km
WM new model, named EX5, is a battery electric and intelligent SUV, with a starting price of about RMB 200,000 (about 30,226 dollars). The vehicle boasts a maximum range of 600 kilometers.
Dec. 11 , 2017
- WM raises RMB 12 billion funding, led by Baidu Capital
WM Motor, one of China's electric car startups, announced on Dec. 5 that it had finished a new round of financing. Led by Baidu Capital, the financing is also funded by Baidu Group and other organizat...
Dec. 06 , 2017
- Summary of Geely, Changan, GWM October sales
China’s top three self-owned automakers, Geely, Changan and GWM boasted remarkable sales in October. Geely and Changan delivered more than 100,000 units, and GMW’s sales in October also reached ap...
Nov. 24 , 2017
- GWM, MINI said to cease JV cooperation
GWM and MINI is said to stop JV cooperation.
Nov. 10 , 2017
- Baidu, Tencent compete to be lead investor of WM Motor
WM Motor is plannning a financing round for 1billion yuan. This round of financing is led by Baidu and Tencent is striving to be another leading investor.
Nov. 08 , 2017
- GWM’s net profit slumps around 80% year on year
GMW’s Q3 report showed that the total revenue in previous nine months was flat year on year to RMB 63.43 billion.
Oct. 30 , 2017
- GWM admits signing cooperative feasibility agreement with Mini
GWM releases announcement to clarify rumor of opening JV with BMW, but admits signing cooperative feasibility agreement with Mini
Oct. 13 , 2017