WM Motor released a statement on its restructuring, and its Wenzhou base has resumed production.

On September 6th, WM Motor released a statement regarding the restructuring of "New WM Motor," stating that Shenzhen Xiangfei Automobile Sales Co., Ltd. has taken over WM Motor's four subsidiaries and is fully committed to rapidly resuming mass production of the WM EX5 and E5 models at its Wenzhou base. Reportedly, some vehicles have already rolled off the assembly line and are on sale. WM Motor is also actively recruiting, planning to "call back" existing employees and aggressively hiring new ones.