Core Viewpoint - The revival of WM Motor is supported by a government-backed white paper, indicating a structured plan for resuming production at its Wenzhou base, which has recently restarted operations after a two-and-a-half-year halt [1][2][6]. Group 1: Production Resumption - WM Motor's Wenzhou base is reported to have resumed production, currently in a ramp-up phase, with around 100 workers on-site [1][5]. - The local government is actively supporting WM Motor's revival by coordinating supply chains, providing financing and subsidies, and assisting in restoring credit ratings [2][7]. - The white paper outlines that WM Motor aims to produce 10,000 vehicles in 2025, with plans to ramp up to 100,000 vehicles by 2030 [6][10]. Group 2: Government Support - The Wenzhou government has implemented policies to support the automotive industry, offering subsidies ranging from hundreds of thousands to tens of millions [2][7]. - A specialized inspection team has been formed to ensure the safety and stability of WM Motor's production equipment, further facilitating the resumption of operations [7][9]. - The government's involvement is seen as a strategic move to stimulate local economic growth through the revival of WM Motor [8][9]. Group 3: Market Challenges - Despite the resumption of production, WM Motor faces significant competition in the electric vehicle market from established players like BYD and emerging entrants like Huawei and Xiaomi [10][11]. - Historical sales data shows that WM Motor's best year (2021) only reached 44,000 units, which is less than half of the projected sales for 2026 [10][11]. - The company has a substantial debt burden of 25 billion yuan, with assets valued at only 9.6 billion yuan, raising concerns about its financial sustainability [11][12].
停工两年半,威马汽车9月真能复产?记者去了趟温州生产基地
Nan Fang Du Shi Bao·2025-09-18 11:56