WM Motor boasts 33.3% year-on-year leap in 2020 sales

Shanghai (Gasgoo)- WM Motor said it sold 22,495 new vehicles throughout 2020, a year-on-year growth of 33.3%. Its quarterly sales hit a new high of 8,609 units in the fourth quarter last year.

WM EX6 Plus & EX5-Z; photo credit: WM Motor

The cumulative sales of the WM EX5, the company's first mass-produced model, exceeded 40,000 units since the delivery kicked off in September 2018.

The EV manufacturer plans to put its third production model onto the market in 2021, according to Freeman Shen, founder, chairman and CEO of WM Motor. The forthcoming model will be an all-electric SUV equipped with Cloud AVP, a cloud-enabled automated valet parking system developed by Baidu.

For the year of 2020, WM Motor's users drove the vehicles for over 700 million kilometers. As for the charging service, the company delivered 107 kWh of electric energy, a year-on-year surge of 55.2%. As of December 2020, GETnGO, the App the startup designing for mobility service, had partnered with 16 mainstream charging operators in China, including State Grid, TELD and Star Charge, with its services connected to 200,000 plus charging piles and covering over 260 cities.

WM Motor said its vehicles are armed with the Level 2 driver assistance system "Living Pilot", which features such functions as ACCA (adaptive cruise control assist), TJA (traffic jam assist) and APA (automatic parking assistance).

The company forms interconnection among navigation system, social media platforms, smart home facilities and charging piles through its upgradable OTA (over-the-air) function. Last year, WM Motor offers users over 95 GB of free data and shipped seven times of OTA.