Group 1 - The core point of the news is that WM Motor has completed a Series D financing round totaling 10 billion RMB, led by state-owned investment platforms and SAIC Motor, with participation from Baidu and SIG [1] - The funds raised will primarily be used for smart technology research and development, brand building, digital marketing, and channel expansion [1] - The participation of various state-owned and influential investment institutions indicates strong support for WM Motor's development and strategic collaboration to create a new ecosystem for industrial investment [1] Group 2 - WM Motor's founder and CEO, Shen Hui, stated that the completion of the D round financing reflects investors' confidence in the smart electric vehicle industry's prospects and recognition of WM Motor's innovative technology and long-term strategy [2] - Since 2020, WM Motor has adjusted its market strategy to cater to younger consumers, including engaging celebrity endorsements and enhancing urban advertising [2] - In August, WM Motor achieved a sales volume of 2,057 units, representing a 143% year-on-year increase and marking six consecutive months of growth, with the EX5 model gaining market recognition for its high cost-performance ratio and advanced features [2]
上汽集团联合领投 威马汽车宣布完成百亿元D轮融资