Baoneng Group Steps In to Aid Restructuring, WM Motor Set to Resume Production This Year
2025-02-22 / Read about 0 minute
Author:小编   

WM Motor has announced its intention to resume production. Currently, the sole prospective investor, Shenzhen Xiangfei Automobile Sales Co., Ltd., has formalized a restructuring investment agreement with WM Motor. As per the plan, WM Motor aims to fully resume production by 2025 and anticipates increasing R&D investments over the medium to long term to introduce new models. The company's ambitious goal is to surpass one million units in annual global sales by 2029.

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