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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BMW iX3

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Hyundai

Hyundai Staria

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Jaguar

Jaguar E-Pace

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Tesla

Tesla Model X

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...

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Renault

Renault K-ZE

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Mercedes-Benz

AMG GT XX

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Lexus

Lexus ES

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Leapmotor

Leapmotor B05

B05

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Scania

Long-haul electric trucks

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Skoda

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Mercedes-Benz

Electric buses

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Xiaomi

Xiaomi SU7 Ultra

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Volkswagen

Volkswagen ID. Polo

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Mercedes-Benz

Solid-state batteries

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Audi

Audi Q6 e-tron

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BMW i3 50 xDrive First Edition

What is the BMW i3 50 xDrive First Edition?

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Nissan

Nissan Leaf

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Audi

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Hyundai

Hyundai IONIQ 9

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Porsche

Porsche Taycan

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