Search Results for "WM"

WM Motor names Rupert Mitchell as new chief strategy officer
WM Motor names Rupert Mitchell as new chief strategy officer

On November 5, Chinese EV startup WM Motor Technology Co., Ltd (WM Motor) appointed Rupert Mitchell, former senior executive of Goldman Sachs and Citigroup, as new chief strategy officer (CSO).

Nov. 7 , 2018
WM Motor, state-owned China Tower ally on EV battery cascade utilization, recycling
WM Motor, state-owned China Tower ally on EV battery cascade utilization, recycling

Chinese EV startup WM Motor and China Tower, a state-owned wireless infrastructure owner, signed a strategic cooperation agreement on October 31 that focuses on the cascade utilization and recycling of new energy vehicle (NEV) power batteries.

Nov. 2 , 2018
WM Motor delivers first batch of EX5, to hand over 100,000 EX5 cars next year
WM Motor delivers first batch of EX5, to hand over 100,000 EX5 cars next year

Chinese electric vehicle (EV) startup WM Motor formally delivered the first batch of the EX5 volume car on September 28 in Wenzhou, Zhejiang province.

Sep. 29 , 2018
GWM appoints new vice president, sales manager of WEY brand
GWM appoints new vice president, sales manager of WEY brand

It is reported that Liu Yan, a veteran in auto industry with almost 20-year experience, was appointed vice president and general manager of sales for WEY brand on Sept. 3.

Sep. 3 , 2018
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1

Great Wall Motor (GWM) achieved a 52.73% surge of net profit attributable to shareholders of listed company to RMB 3.696 billion from January to June. Its revenue reached RMB 48.68 with a year-on-year growth of 17.99% during the first half of 2018.

Aug. 31 , 2018
HSBC Securities lowers GWM ’s EPS forecast due to weak sales
HSBC Securities lowers GWM ’s EPS forecast due to weak sales

HSBC Securities recently lowered the earnings per share forecast from year 2018-2020 of Great Wall Motor by 11-16%, as the firm’s weak sales in July made HSBC Securities not optimistic about the sales status in the second half of this year.

Aug. 15 , 2018