WM Motor is recruiting strategic investors and has attracted a number of capitals to discuss cooperation

The automotive industry is very hot, and even in 2024, there will still be companies that choose to participate, such as Foxconn and Intel. Although it is easy to enter the automotive industry, it is not easy to make a name for yourself. In addition to solid technology, you must rely on the power of capital.

The reason why "NIO, Xiaoli, and Li Auto" can gain a firm foothold in the new energy vehicle industry is due to the power of capital. Take NIO as an example, Tencent is its strong supporter.

Weilai's turnaround was due to the support of the Hefei government, and WM Motor also needs external help to turn things around. Fortunately, WM Motor has always been a "darling" of capital, and has been favored by Baidu, state-owned capital, and Hong Kong and Macao capital many times, and has completed a total of RMB 10 billion in Series D financing.

According to WM Motor Group's announcement on recruiting strategic investors, in addition to holding real estate such as houses and land, and movable property such as equipment and inventory, WM Motor Group and its affiliated companies also have scarce qualifications for vehicle production, as well as intangible assets related to the research and development, technology, supply chain and production of mass-produced new energy vehicles.

With the support of the above assets, many investors have extended an olive branch to WM Motor. At the same time, according to insiders, there is a high possibility that new investors will join in the future.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.