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WM Motor has recently recommenced production, as reported by news sources and confirmed in a "White Paper to the Supply Chain" leaked by a former employee. The new investor, Shenzhen Xiangfei Auto Sales Company, has taken the reins of WM Motor and unveiled its production revival plan. WM Motor intends to resume production of the EX5/E5 models in September 2025, aiming for an annual production and sales volume of 10,000 to 20,000 units. Additionally, the company has outlined a three-phase strategy spanning until 2030, comprising revival, development, and leapfrogging stages, with the ambitious goal of achieving a production volume of one million units and revenue of ten billion yuan. Support from municipal governments, such as that of Wenzhou, will also be forthcoming.
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