Core Viewpoint - WM Motor Technology Group has initiated a restructuring plan under the new investor, Shenzhen Xiangfei Automotive Sales Co., aiming to resume production and achieve significant growth targets by 2030 [1][5]. Group 1: Resumption of Production - WM Motor has resumed production at its Wenzhou base, with over ten EX5 and E5 models already produced for market testing and feedback [2]. - The production team at the Wenzhou base consists of over 400 personnel, operating under a full automotive production process [2]. - The company is employing a dual-track approach for staffing, recalling former employees while also recruiting new staff to support production capacity [2][3]. Group 2: Financial and Supply Chain Support - An initial investment of 1 billion yuan (approximately 0.14 billion USD) will be made for equipment upgrades, supply chain recovery, and product development [3]. - The company has contacted 215 historical suppliers, with some issues still under negotiation [3]. - Local government support includes potential financial assistance and prioritization in public procurement for the new WM Motor [3]. Group 3: Long-term Development Plan - The company has outlined a three-phase development plan from 2025 to 2030, aiming for annual production of 1 million vehicles and revenue of 120 billion yuan (approximately 16.8 billion USD) by 2030 [1][5]. - The first phase (2025-2026) targets production and sales of 10,000 to 20,000 units, with expected revenue of 1 to 2 billion yuan (approximately 0.14 to 0.28 billion USD) [5]. - The second phase (2027-2028) aims for annual sales of 400,000 units and the initiation of IPO preparations [5]. Group 4: Market Challenges - The company faces significant challenges in rebuilding consumer trust and brand reputation after previous bankruptcy rumors [6][7]. - Intense competition in the domestic electric vehicle market, including price and technology battles, poses additional risks to WM Motor's market share [7]. - The success of the IPO and the achievement of production targets will depend on stable funding, supply chain management, and market expansion capabilities [7].
威马汽车宣称已复产并披露“三步走”蓝图
Zheng Quan Ri Bao·2025-09-07 16:00