WM Motor Unveils Five-Year Strategic Blueprint: Over 10 New Products to Be Launched, with Initial Equipment Upgrade Investment of 1 Billion Yuan and More
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Author:小编   

On September 6, Shenzhen Xiangfei Automobile Sales Co., Ltd., the entity undertaking the restructuring of WM Motor, unveiled the "White Paper for Suppliers" via WM Motor's official Weibo account. This document detailed WM Motor's ambitious five-year development roadmap. The strategy encompasses the launch of more than 10 innovative products over the next half-decade, tailored to cater to the multifaceted demands of the global automotive market.

Xiangfei is actively driving the resumption of mass production for the WM EX5 and E5 models at its Wenzhou manufacturing base. The company has set a firm production target of 10,000 units by the close of 2025, with an aspirational goal of doubling that figure to 20,000 units. This expansion is anticipated to yield revenues ranging from 1 to 2 billion yuan. To lay a solid foundation for this growth, Xiangfei has earmarked an initial investment of 1 billion yuan. This substantial sum will be directed towards upgrading manufacturing equipment, revitalizing the supply chain, and accelerating product development initiatives.