Financials , Automotive , Healthcare Author：Feng An Apr 12, 2019 11:03 PM (GMT+8)

The new model's price from CNY 129,800 to CNY 209,800 after subsidies.

EX5 of WM Motor. PHOTO: Credit to WM Motor

On April 12, WM Motor held the "Always On" brand night in Shanghai and launched its EX5 Pro model. As an annual change model, EX5 version 2.0 launched 5 models in total, with the price range of CNY 129,800 to CNY 209,800 after subsidies. New car Living Pilot auxiliary system, a total of 12 driving assistance functions which including 4 advanced driving assistance, 8 safety reminders and assistance.

SHEN Hui, founder, chairman and CEO of WM Motor, said that the company has received CNY 3 billion in financing in 2019, which will mainly be used for user experience and technology research and development. In 2021, models equipped with L3 level autonomous driving function will be mass produced.

In addition, WM Motor has rolled off the production line of more than 10,000 vehicles, and the Wenzhou factory's production cycle is 200 vehicles per day. The company will mass produce a new model with a combined range of over 600km under the European WLTP operating condition in 2021.