WM Motor

We tend to cover a lot of big news pertaining to electric vehicle market leaders (by value and recognition). That said, there are a lots of lesser-known electric vehicle companies that don’t get as much love. The plan is to change that. This is the first of several pieces focusing on electric vehicle companies you may not know yet. One is Weltmeister aka WM Motor, based in China. Below is a quick background on Weltmeister, so you can casually name drop them next time you’re discussing the global EV market.

WM Motor, a Chinese EV startup reportedly backed by a $1 billion investment and led by a former Geely executive, unveiled its first electric SUV prototype this week and launched its new brand called ‘Weltmeister’.

The vehicle looks suspiciously a lot like the Mitsubishi Outlander, which isn’t exactly surprising since we caught them photoshopping the vehicle on top of Outlander press images last year.  Expand
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In a profile published back in August, Bloomberg revealed a new electric vehicle startup founded by the former Geely executive who oversaw the takeover of Volvo, Freeman Shen, and reported that they managed to raise over $1 billion in just over a year in order to launch mass-market electric vehicles by 2018.

The company called WM Motor unveiled its first 3 models this week through press content sent to Chinese media and now making its way to international media. It appears that one of the first concepts of this billion-dollar EV startup is simply photoshopped images based on promotional pictures of the 2016 Mitsubishi Outlander. Expand
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