WM Motor announces restructuring plan and future development blueprint

WM Motor announced its restructuring plan and formulated its business development strategy for 2025 to 2030. The plan is divided into three phases: revitalization, development, and leapfrogging. The goal is to resume production of the EX5 and E5 models in September 2025, aiming for annual production and sales of 20,000 units. By 2030, the company aims to achieve annual production of one million units, revenue of 120 billion yuan, and the creation of a smart mobility ecosystem.