Weltmeister (marque)
Weltmeister () is a Chinese electric car brand owned by WM Motor Technology Co Ltd, a Shanghai-based automotive company which specialises in the creation of battery electric vehicles (BEVs). It launched its first production car, the EX5 in May 2018 at the Beijing Auto Show, with deliveries starting in September 2018. WM investors include Chinese technology companies Baidu and Tencent. Weltmeister vehicles are manufactured at WM Motor's manufacturing facility in Wenzhou, Zhejiang Province, which has an annual capacity of 100,000 units. WM Motor also maintains R&D facilities in China, Germany and the United States. In October 2023, WM Motor filed for pre-restructuring as the company struggled for cash. History WM Motor was founded in January 2015 by Freeman Shen, a former executive at Geely and later chairman of Volvo's China operations. Prior to WM, Freeman also co-founded and was CEO of Pateo Group, a leading vehicle connectivity and telematics company. In November 2016, the company commenced construction of its first plant in Wenzhou, Zhejiang Province. The facility has been mass-producing the company's first vehicle model, the EX5, since 28 September 2018. In August 2017, WM Motor acquired Polarsun Automobile (), a licensed passenger vehicles manufacturer in China, and subsequently gained