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WM Motor

6 Disclosed Funding Rounds $4,859,399,623

4 Participating Investments $852,544,829


Electric Vehicle, Autonomous Vehicles, Automotive, Manufacturing

WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles.

Shanghai, Shanghai, China, Asia (CN)

Organizations in Shanghai in Electric Vehicle,
Organizations in Shanghai in Autonomous Vehicles,
Organizations in Shanghai in Automotive,
Organizations in Shanghai in Manufacturing,
Organizations in Shanghai in Electric Vehicle,
Organizations in Shanghai in Autonomous Vehicles,
Organizations in Shanghai in Automotive,
Organizations in Shanghai in Manufacturing,
Organizations in China in Electric Vehicle,
Organizations in China in Autonomous Vehicles,
Organizations in China in Automotive,
Organizations in China in Manufacturing,
Organizations in Asia in Electric Vehicle,
Organizations in Asia in Autonomous Vehicles,
Organizations in Asia in Automotive,
Organizations in Asia in Manufacturing

Investors in Shanghai in Electric Vehicle,
Investors in Shanghai in Autonomous Vehicles,
Investors in Shanghai in Automotive,
Investors in Shanghai in Manufacturing,
Investors in Shanghai in Electric Vehicle,
Investors in Shanghai in Autonomous Vehicles,
Investors in Shanghai in Automotive,
Investors in Shanghai in Manufacturing,
Investors in China in Electric Vehicle,
Investors in China in Autonomous Vehicles,
Investors in China in Automotive,
Investors in China in Manufacturing,
Investors in Asia in Electric Vehicle,
Investors in Asia in Autonomous Vehicles,
Investors in Asia in Automotive,
Investors in Asia in Manufacturing

Asia-Pacific (APAC) (0 Investors) (0 Startups)

Founded date 01, 2015

Founders Bin Lu, Hui Shen, Ligang Du

Operating Status Active

Funding Stage Late Stage Venture

Last Funding Type Debt Financing

Also known as 威马汽车技术有限公司, Weltmeister , 威马汽车, Weima Qiche

Company Type For Profit


LinkedIN Link

Wikipedia Link

WM Motor is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

Date Round Raised Lead
February, 09, 2021 Debt Financing $1,787,018,476 Shanghai Pudong Development Bank
September, 22, 2020 Series D $1,474,948,008 SAIC Motor
March, 08, 2019 Series C $446,328,944 Baidu
December, 22, 2017 Corporate Round Undisclosed -------
December, 05, 2017 Series B $151,104,193 Baidu Capital, Tencent Holdings
August, 24, 2016 Series A $1,000,000,000 -------

WM Motor Participated In the Following Investment Rounds (4)

Organization Name Lead? Round Partners Participating Raise Date
Hello TransTech No Series E ------- $700,000,000 April, 13, 2018
Hello TransTech No Series D ------- $152,544,829 December, 27, 2017
DEEPROVE No Seed ------- $297,833 August, 01, 2017
Hello TransTech Yes Corporate Round ------- Undisclosed July, 03, 2017

WM Motor Investors (27)

Investor Lead? Round Participating Raise Date Partners
Shanghai Pudong Development Bank Yes Debt Financing $1,787,018,476 February, 09, 2021 -------
Industrial and Commercial Bank of China No Debt Financing $1,787,018,476 February, 09, 2021 -------
Agricultural Bank of China No Debt Financing $1,787,018,476 February, 09, 2021 -------
Bank of China No Debt Financing $1,787,018,476 February, 09, 2021 -------
China Construction Bank No Debt Financing $1,787,018,476 February, 09, 2021 -------
Guangzhou Finance Holdings No Series D $1,474,948,008 September, 22, 2020 -------
SIG No Series D $1,474,948,008 September, 22, 2020 -------
Yingke Capital No Series D $1,474,948,008 September, 22, 2020 -------
Yangtze River Industry Fund No Series D $1,474,948,008 September, 22, 2020 -------
Tsinghua Unigroup No Series D $1,474,948,008 September, 22, 2020 -------
Tencent Holdings No Series D $1,474,948,008 September, 22, 2020 -------
State Development & Investment Corporation (SDIC) No Series D $1,474,948,008 September, 22, 2020 -------
Sino IC Leasing No Series D $1,474,948,008 September, 22, 2020 -------
SAIC Motor Yes Series D $1,474,948,008 September, 22, 2020 -------
Hongta Group No Series D $1,474,948,008 September, 22, 2020 -------
Baidu No Series D $1,474,948,008 September, 22, 2020 -------
Baidu Yes Series C $446,328,944 March, 08, 2019 -------
Linear Venture No Series C $446,328,944 March, 08, 2019 -------
Taihang Industrial Fund No Series C $446,328,944 March, 08, 2019 -------
China Structural Reform Fund Co. No Corporate Round Undisclosed December, 22, 2017 -------
Minmentals Development No Corporate Round Undisclosed December, 22, 2017 -------
Sequoia Capital No Corporate Round Undisclosed December, 22, 2017 -------
Tencent Holdings No Corporate Round Undisclosed December, 22, 2017 -------
Baidu Capital Yes Series B $151,104,193 December, 05, 2017 -------
SIG China (SIG Asia Investments) No Series B $151,104,193 December, 05, 2017 -------
Ameba Capital No Series B $151,104,193 December, 05, 2017 -------
Tencent Holdings Yes Series B $151,104,193 December, 05, 2017 -------