WM Motor recently sent out a tantalizing message across its WeChat and Weibo platforms, simply stating, "Good news is coming. Stay tuned," alongside the inspirational phrase, "What you keep in mind will eventually come true." This announcement comes on the heels of a challenging period for the automaker, which filed for bankruptcy reorganization in October 2023, burdened with a staggering 45 billion yuan in debt.

In a significant turnaround this September, WM Motor unveiled a "White Paper to Suppliers," revealing that "Shenzhen Xiangfei Automobile" had stepped in as its new investor and shareholder, assuming control over four affiliated companies. This strategic move paves the way for WM Motor's ambitious revival plans. The company has outlined a comprehensive strategy, including a 1 billion yuan investment to restart production of two key vehicle models. Their goal is to achieve production and sales of 10,000 units this year alone. Furthermore, WM Motor is setting its sights on the future, with plans to initiate preparations for an Initial Public Offering (IPO) before 2028 and to settle all outstanding payments to its suppliers, marking a fresh chapter in its journey.