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Discussion Starter · #1 ·
WM Motor Technology Co., Ltd. unveiled its first production car, the EX5 SUV, at the Shanghai National Convention and Exhibition Center. A new logo was shown as well. Baidu Capital is a major investor in the company. Production will take place at a new plant under construction in Wenzhou from late 2018. No key specification was declared other than a possible range from 450 up to 600 km.

Excerpt from Autohome:
Founded in early 2015, WM Motor is a domestic provider of new energy automotive products and travel solutions. Weima founder Shen Hui served as vice president of Geely Holding Group , Volvo 's global senior vice president and chairman of Volvo China and other positions. At present, Weima already has a core team of more than 800 people, of which 70% -80% are from the vehicle industry, 20% -30% are from the Internet, and are located in Germany (Technology Center), Shanghai (Headquarters, Design Center, R & D Center) Beijing (big data center), Chengdu (Research Institute) and Wenzhou (factory).
Further info from Reuters:
https://www.reuters.com/article/us-china-autos-wm/chinese-electric-car-maker-to-put-weltmeister-on-road-next-year-idUSKBN1E51GH
https://in.reuters.com/article/us-china-autos/chinese-ev-start-up-wm-motor-says-to-get-funding-from-group-led-by-baidu-capital-idINKBN1DZ0VD





 

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Discussion Starter · #8 ·
Fire takes toll on EX5 bookings

A few weeks ago, a new Yema EC70 burnt to a cinder during charging which led to the widespread belief that the fire was caused by a faulty battery. The battery was a product of Zhejiang Gushen Energy Technology Co., Ltd. (a.k.a. Godsend Power :lol:) Unfortunately, Godsend Power is also a battery supplier to WM Motors, and three out of five variants of the EX5 are powered by Godsend batteries. The two most expensive variants (Pro) use batteries from CATL (Contemporary Amperex Technology), a more reputed firm.

Early-bird bookings for the EX5 had begun as far back as December 2017 and WM had boasted of 10,000 bookings within nine weeks. Again, five weeks post price announcement in April, WM maintained that the EX5 had received "over 10,000 bookings". Some netizens and nosy journalists found this to be slightly fishy, and upon some investigation, it looks as if a spate of cancellations with refunds may have taken place after the Yema-Godsend fire incident became known. Apparently, prospective buyers who had booked an EX5 are peeved that WM did not reach out to them or communicate any assurance that its product is safe, that buyers have nothing to worry about, or that the company was taking some positive steps (like re-testing the doubtful electricals or changing the supplier) to allay the buyers' fears.

WM has understandably played down this incident and maintains that "only 0.3%" have canceled bookings, but the media suspect that the proportion may be significantly more, even up to 30%.

http://news.bitauto.com/hao/wenzhang/807685
http://news.cnev.cn/Info_112826.html
https://k.sina.cn/article_1594988364_5f11974c01900eooh.html
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P.S.: I find nothing that reports how Yema may have been affected.
 

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WM Motor Technology Co., Ltd. unveiled its first production car, the EX5 SUV, at the Shanghai National Convention and Exhibition Center. A new logo was shown as well. Baidu Capital is a major investor in the company. Production will take place at a new plant under construction in Wenzhou from late 2018. No key specification was declared other than a possible range from 450 up to 600 km.

Excerpt from Autohome:


Further info from Reuters:
Chinese electric car maker to put 'Weltmeister' on road next year
Chinese EV start-up WM Motor says to get funding from group led by Baidu Capital





Is there method for change language software and use the app out of China?
 
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