Weimar Motors collects the equivalent of 400 million euros

WM Motor collects the equivalent of 400 million euros

Brand

Weimar Motors

The Chinese electric car startup WM Motor has been able to generate nearly 400 million euros in a financing round led by Baidu. Other investors in the new round are Linear Venture and the Taihang Industrial Fund.

The fresh capital should flow primarily into research and development. Among other things, Weimar Motors and Baidu are preparing a common research center for the development of autonomous driving solutions.

In the spring of 2018, the company started selling the Electric-SUV in China. Three battery variants are available for ranges of 300, 400 or 460 kilometers.

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Jeep

Jeep Wagoneer S

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Ferrari

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Renault

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Hyundai

electric propulsion

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Aptis

Electric buses

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Toyota

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Audi

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Volkswagen

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Polestar

Polestar 4

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Uber

bike sharing

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fuel cells

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Cadillac

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Polestar

Polestar 4

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Hyundai

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Dacia

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Hyundai

Hyundai Kona

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Honda

Honda Everus

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VinFast

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Chevy California Corvette

GM pushes Corvette into an electric future

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Mercedes-Benz

Mercedes-Benz GLB

A Compact SUV Built for Practical Results

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