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:
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
Excerpt from Autohome:
Further info from Reuters: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).
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



