Core Insights - WM Motor plans to resume mass production of EX5 and E5 models at its Wenzhou base by September 2025, supported by Shenzhen Xiangfei Automotive Sales Co., Ltd [1] - The company has announced a debt repayment plan for its creditors, with full cash repayment for ordinary creditors with claims of 150,000 yuan or less within six months after court approval of the restructuring plan [1] - WM Motor has outlined a three-phase development plan from 2025 to 2030, aiming for production of 1 million vehicles and revenue of 120 billion yuan by 2030 [1] Debt Repayment Plan - The company will repay debts for four entities, with creditors owed amounts exceeding 150,000 yuan receiving cash repayment for the first 150,000 yuan and the remainder through trust beneficiary shares [1] Production and Market Strategy - By the end of 2025, WM Motor aims to produce at least 10,000 units of EX5 and E5 models, with a target of 100,000 units in 2026 [2] - The company commits to prioritizing existing suppliers under equal conditions and will support local suppliers in Zhejiang and Wenzhou with government coordination [2] Future Product Development - Over the next five years, WM Motor plans to launch more than 10 new products, covering a range from A00 to C-class vehicles [1]
威马汽车宣布今年9月要复产,清偿部分供应商欠款
Xin Jing Bao·2025-09-06 04:10