WM Motor

WM Motor is a leading emerging provider of new energy mobility solutions that designs, manufactures and markets affordable battery electric vehicles under the Weltmeister and “威马汽车” brand.

WM Motor’s vehicles are equipped with best-in-class proprietary battery management systems; robust driving ranges; and industry leading autonomous driving and smart connectivity features.

WM Motor was founded in January 2015 by Freeman Shen. The company is headquartered in Shanghai, Shanghai, China.

 

WM Motor’s products are built around three core technologies – the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features in the cabin.

 

WM Motor has two smart, pure electric, long range SUV’s currently in mass production. Both vehicles are highly connected, equipped with advanced on-board software and a user interface that extends the driver’s connected, mobile lifestyle into the cabin.

 

WM Motor’s in-cabin smart AI assistant ‘Xiaowei’ controls most hardware and software functions through natural voice commands.

 

WM Motor is backed by Baidu, Tencent, SAIC Motor, Yangtze River Industry Fund, State Development & Investment Corporation ('SDIC'), Guangzhou Finance Holdings and others. The company raised $1.B in Series E round on Feb 09, 2021. This brings WM Motor's total funding to $4.9B to date. The company gained a $5B valuation after it had raised a Series C round in March 2019, WM Motor did not disclose its current valuation.

 

 

  • Year founded: 2015
  • Funding Info: $4.9B over 6 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $5B as of March 2019
  • City/Town: Shanghai
  • State: Shanghai
  • Country: China
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