WM Motor EX5 is delivered in batches as scheduled, and plans to deliver 1,000 units this year

WM Motor EX5 is delivered in batches as scheduled, and plans to deliver 1,000 units this year

On September 28, WM Motor announced that its first pure electric smart SUV EX5 officially rolled off the production line, launching mass delivery of its first model. WM Motor also announced a delivery target of 1,000 units this year.

Shen Hui, founder, chairman and CEO of WM Motor, said: "Today, the official delivery of WM EX5 has fulfilled WM Motor's promise to popularize smart electric vehicles." WM Motor will deliver 10,000 WM EX5s to users this year and 100,000 next year. In addition to EX5, it will also include EX5 Pro and EX6 that will be launched next year.

Lu Bin, co-founder and senior vice president of WM Motor, said that the number of fans of WM Motor has exceeded 330,000 and the number of members has exceeded 110,000. In the past 14 days, they have increased by 7% and 21% respectively. At present, these two figures are still increasing.

WM Motor was officially established in 2015. In May 2016, it received a US$1 billion Series A financing. Subsequently, WM Motor established its first factory in Wenzhou.

In November 2016, the WM Motor New Energy Vehicle Intelligent Industrial Park was laid in Oujiangkou, Wenzhou City. After completion, the annual production capacity will reach 200,000 units. In 2017, WM Motor completed a new round of financing led by Baidu Capital, and launched its first model EX5 in the same month. Four months later, this model was officially launched and pre-sales started.

WM EX5 is a compact SUV. According to different ranges, EX5 has three models, namely EX5 300, EX5 400 and EX5 500, with NEDC ranges of 300 km, 400 km and 460 km respectively. Each model is divided into two configurations: Exploration Edition and Innovation Edition. The pre-subsidy price range is 186,500-247,300 yuan, and the post-subsidy price range is 112,300-164,800 yuan (taking Beijing as an example for national subsidy + local subsidy).

In terms of sales and after-sales service network, WM Motor adopts the so-called "new 4S model" plus the "intelligent travel partner" model. Through the Space experience center, users can learn about the latest developments of the WM brand and experience cutting-edge technology. Store undertakes the full process delivery function for users' vehicles, and provides test drives, travel services, sales, maintenance, used cars and other value-added services, and is the main force in sales and service. Station and Spot provide after-market services such as charging, maintenance, emergency rescue, etc.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

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