Search Results for "WM"

WM Motor replaces majority shareholder, but not for IPO purpose
WM Motor replaces majority shareholder, but not for IPO purpose

WM Motor, a Chinese electric carmaker, recently got its majority shareholder changed from WM Smart Mobility Technology (Shanghai) Co.,Ltd to a Suzhou-based company who has currently wholly owned the startup.

Sep. 17 , 2019
WM Motor's "7-Series" sedan to be unveiled at Auto China next year
WM Motor's "7-Series" sedan to be unveiled at Auto China next year

WM Motor recently revealed the project of the “7-Series” medium sedan, which will probably be managed by the Chief Growth Officer as well. The concept of the new sedan will be unveiled at the Auto China 2020 in Beijing.

Sep. 3 , 2019
WM Motor says number of car insured totals 8,536 units for the first half
WM Motor says number of car insured totals 8,536 units for the first half

WM Motor saw the number of vehicles insured reach 8,536 units for the first half of the year, ranking No.1 among Chinese EV startups, the EV manufacturer said on July 19.

Jul. 22 , 2019
EV startup WM Motor to build autonomous driving tech hub in Sichuan
EV startup WM Motor to build autonomous driving tech hub in Sichuan

WM Motor plans to establish an autonomous driving technology hub in Mianyang, Sichuan Province, to form a closed loop that covers the entire process from R&D to mass production and speed up the mass production of autonomous driving R&D achievements,

Mar. 28 , 2019
WM Motor raises RMB3 billion in Baidu-led series C round financing
WM Motor raises RMB3 billion in Baidu-led series C round financing

China-based EV startup WM Motor announced on March 8 a completion of a series C round financing that raised a total of RMB3 billion, which is expected to further elevate the company’s valuation.

Mar. 8 , 2019
WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service
WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service

On January 30, China-based EV startup WM Motor forged a strategic partnership with Meituan Dache, a ride-haling service platform operated by China’s largest on-demand food delivery service provider Meituan Dianping.

Jan. 31 , 2019