Since the start of 2023, a price war has broken out in China's automotive industry, leading to intensified market competition. This has made it increasingly challenging for car manufacturers with consistently low sales and inadequate self-sustaining capabilities.
On March 7, WM Motor, an electric vehicle maker in China currently caught up in a mounting capital crisis, announced through its social media outlets that more than 100 stores in China will resume normal services in the near future.
Apollo Future Mobility, a Hong Kong-listed company, announced on January 12 that it would acquire a subsidiary of Chinese automaker WM Motor for $2.02 billion. This is a strong indication of WM Motor's plan to carry out a public listing through a reverse takeover.
Pada 4 Ogos, WM Automobile, sebuah syarikat kenderaan tenaga baru yang beribu pejabat di Shanghai, mengumumkan pelancaran perkhidmatan "tempat letak kenderaan pintar".
Noong ika-4 ng Agosto, inihayag ng bagong kumpanya ng sasakyan na nakabase sa Shanghai na WM Automotive ang paglulunsad ng serbisyo na "matalinong paradahan".
Freeman Shen, CEO of EV firm WM Motor, responded to the question of "whether to charge fees for autonomous driving" on social media, saying that his view was to refrain for the time being.
NEV brand WM Motor announced on Wednesday that due to factors including rising parts prices, the production schedule and price of some models will be adjusted from March 1.
Perusahaan mobil listrik asal China, WM Motor, sedang menghadapi pengawasan menyusul rumor berkurangnya daya simpan yang menyebabkan jarak tempuh menurun drastis.
