WM Motor unveils first mass-produced model, with maximum range of 600 km

Shanghai (Gasgoo)-Today, WM Motor held its brand releasing ceremony and unveiled its first mass-produced model. At the ceremony, the company also revealed that its cumulative financing sum has been up to RMB 12 billion.

The 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. Featuring rich intelligent functions, the model is expected to be put into production at the beginning of next year in the company’s intelligent factory in Wenzhou and will go on sale in the second or the third quarter in 2018. From 2018 on, the company will introduce at least one new model each year. 

The first model is equipped with car-window intelligent interaction solution to bring out-vehicle interaction experience for the young generation who grow up under digital background. The feature can tell the identity of drivers and give access to the owner, the owner’s family and friends, and other authorized users. Every WM user will have a Super ID account, which will provide personalized service fur users. 

Recently, WM released its development path which will integrate Artificial Intelligence, hardware, software and service. Based on its prognosis on AI technology, the company will implement the strategy in four phases. First, WM vehicles will be fully internet-connected and offer real-time online intelligent services. Then, the vehicle will have the capacity to sensing the changes and purposes of users and the surroundings to offer interaction experience and personalized service.

At the following stage, vehicles can connect and create synergy with other intelligent ecosystems to provide comprehensive travelling services. Finally, the vehicle will make driving decisions, thus to give drivers more freedom and improve travelling efficiency. According to the company, the first two stages will be realized in the first mass-produced model  next year. The last two stages will be its mid-long-term goal.