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Weltmeister

Weltmeister is a Chinese electric-vehicle marque created by WM Motor.

Last updated October 27, 2026

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Overview

Weltmeister, also known in China as 威马汽车 and commonly associated with WM Motor, is a Chinese electric-vehicle marque established by WM Motor Technology Co., Ltd. The brand was created to develop and sell battery-electric vehicles designed primarily for the Chinese market. Its parent company was founded in January 2015 by Freeman Shen, a former Geely Automobile executive and former president of Volvo Cars' Chinese operations. The company positioned itself as a technology-oriented domestic alternative to both established automakers and a growing group of Chinese electric-vehicle start-ups. Weltmeister formally debuted in May 2018, when WM Motor presented the production EX5 at the Beijing Auto Show. The compact electric SUV entered production and began customer deliveries in the second half of 2018, becoming the marque's first production vehicle. Manufacturing was centered on WM Motor's factory in Wenzhou, Zhejiang, a facility designed for an annual capacity of approximately 100,000 vehicles. The company also developed or planned additional production capacity in Huanggang, Hubei, and maintained research and development activities in China, Germany and the United States. Investors associated with WM Motor included Chinese technology companies such as Baidu and Tencent. The company expanded the range after the EX5. The EX6, a larger electric SUV, was shown as a production model in 2019, while the W6 compact SUV joined the range in 2021. WM Motor also attempted to move beyond SUVs with the E5 compact sedan and the proposed M7 sedan. The Evolve concept previewed a more ambitious flagship direction, but the M7 did not achieve a sustained commercial launch. Alongside vehicle sales, WM Motor operated GETnGO, a charging-service application intended to help users locate, navigate to and pay for public charging stations through connections with charging-network operators. Weltmeister's development was constrained by intense competition in China's electric-car market, high research and manufacturing costs, weak market conditions and difficulty raising additional capital. During 2022, the parent company experienced growing losses and debt pressure. Production of the established vehicle lines ended around the end of that year, and the business reduced staffing and its retail footprint. In October 2023, WM Motor entered a court-supervised pre-restructuring bankruptcy process after efforts to secure financing failed. The financial distress also disrupted customer support and digital services, creating uncertainty over maintenance, software functions and parts availability for existing owners. In January 2024, the company announced that a court had accepted its application for pre-reorganization. Reference material further indicates that a restructuring investor became involved in September 2025 and that WM Motor planned to restart production of the E5 and EX5, with an ambition to rebuild toward fuller production in 2026. The long-term operating status, ownership structure and commercial scale of the marque remain uncertain. Weltmeister is therefore best understood as a Chinese electric-vehicle brand whose initial expansion was followed by a severe corporate restructuring rather than as an established global automaker.

History

WM Motor Technology was founded in January 2015 by Freeman Shen, who had held senior roles at Geely Automobile and Volvo's Chinese operations. The company sought to create a Chinese electric-vehicle business with its own vehicle designs and manufacturing infrastructure rather than relying solely on contract production. Funding included participation from major Chinese technology companies, including Baidu and Tencent. WM Motor began construction of its first manufacturing facility in Wenzhou, Zhejiang, in 2016. The plant was designed with an annual capacity of about 100,000 vehicles, and mass production began on 28 September 2018. A second plant was planned in Huanggang, Hubei, with a much larger projected capacity, although its development and utilization were affected by the COVID-19 pandemic and the company's later financial problems. WM Motor also maintained research and development activities in China, Germany and the United States. The Weltmeister name was formally introduced in May 2018 at the Beijing Auto Show, together with the EX5 compact electric SUV. Production and deliveries began later in 2018. The EX5 established the brand's initial market identity: a domestically developed battery-electric SUV intended for mainstream Chinese buyers. The company later showed the Evolve concept and launched or announced additional products. The EX6 enlarged the SUV offering, the W6 entered the compact-SUV segment in 2021, and the company developed sedan programs including the E5 and M7. The M7 was intended to serve as a flagship, but it did not achieve sustained commercial production. WM Motor also developed software and charging-related services. Its GETnGO application, known in Chinese as 即客行, was designed to help drivers locate, navigate to and pay for public charging stations. By 2019, the service was reported to have access to a large number of public chargers through partnerships with charging providers, including State Grid-related networks. The company faced increasingly difficult conditions from 2022 onward. It accumulated losses and debt while competing in a rapidly expanding Chinese electric-vehicle market that required large investments in product development, factories, sales networks and after-sales support. The company was unable to maintain its full model expansion, ended production of its existing models around the end of 2022, reduced its workforce and closed many retail points. The planned M7 launch was not completed as originally intended. WM Motor sought new capital and adopted cost-cutting measures, but these efforts did not resolve its financial problems. In October 2023, the company filed for pre-restructuring bankruptcy, citing pressures including the economic effects of the COVID-19 pandemic, a weak capital market and higher raw-material costs. The filing was followed by reports of serious disruption for vehicle owners, including loss of access to the mobile application, an unavailable website and difficulty reaching customer support. These developments raised questions about servicing, software-dependent functions and parts for vehicles already sold. In January 2024, WM Motor announced that a court had accepted its application for pre-reorganization. Later reference material states that a restructuring investor became involved in September 2025, with plans to resume production of the E5 and EX5 and to work toward a return to full production capacity in 2026. Because the post-restructuring ownership, operating condition and scale are not fully established in the available material, the current status of Weltmeister remains uncertain.

  • 2025

    Planned production restart

    [1]

    Reference material reports the involvement of a restructuring investor and plans to restart E5 and EX5 production.

  • 2024

    Pre-reorganization application accepted

    [1]

    A court accepted WM Motor's application for pre-reorganization in January.

  • 2023

    Pre-restructuring bankruptcy filing

    [1]

    WM Motor entered a formal pre-restructuring bankruptcy process in October.

  • 2022

    Production and retail network contract

    [1]

    Financial pressure led to the cessation of production across the existing model range, layoffs and widespread sales-point closures.

  • 2021

    W6 and sedan programs expand the range

    [1]

    The W6 joined the SUV lineup, while WM Motor advanced the E5 and M7 sedan projects.

  • 2019

    EX6 and Evolve programs are shown

    [1]

    WM Motor presented the EX6 electric SUV and the Evolve concept as it broadened the brand's product ambitions.

  • 2018

    Weltmeister brand and EX5 debut

    [1]

    The marque and its first production model, the EX5 electric SUV, were presented at the Beijing Auto Show.

  • 2018

    Wenzhou plant begins mass production

    [1]

    Mass production at the Wenzhou facility commenced on 28 September.

  • 2016

    Wenzhou factory construction begins

    [1]

    WM Motor began establishing its principal vehicle-manufacturing facility in Wenzhou, Zhejiang.

  • 2015

    WM Motor is founded

    [1]

    Freeman Shen founded WM Motor Technology to develop and manufacture battery-electric vehicles for the Chinese market.

Products and positioning

A Chinese, technology-focused electric-vehicle marque aimed primarily at mainstream domestic consumers, with an emphasis on locally developed battery-electric SUVs, sedans and connected mobility services.

  • Compact battery-electric SUV · 2018

    Weltmeister EX5

    The EX5 was Weltmeister's first production vehicle and the model that established the marque in 2018. It was designed as a compact battery-electric SUV for the Chinese market, combining a mainstream body style with WM Motor's connected-vehicle and electric-drive strategy. Production and sales began in 2018, and the original production run continued through 2022 according to the reference material. A production restart was later planned during restructuring.

  • Mid-size battery-electric SUV · 2019

    Weltmeister EX6

    The EX6 was introduced as a larger electric SUV positioned above the EX5. It formed part of WM Motor's effort to broaden Weltmeister from a single-model start-up brand into a fuller electric-vehicle range. The model was presented as a production vehicle in 2019 and remained in the range until the production shutdown associated with WM Motor's financial distress.

  • Compact battery-electric SUV · 2021

    Weltmeister W6

    The W6 joined the range in 2021 as another compact electric SUV. Its introduction represented the brand's attempt to maintain momentum in a highly competitive Chinese electric-SUV market and to expand the product portfolio beyond the EX5 and EX6. Like the other established models, it was affected by the parent company's production stoppage and restructuring.

  • Compact battery-electric sedan · 2021

    Weltmeister E5

    The E5 was Weltmeister's compact electric sedan program, developed as the brand sought to add conventional passenger-car body styles to its SUV-led lineup. It was associated with the Maven prototype and entered the company's model portfolio in 2021. Reference material indicates that the E5 was among the models selected for a planned production restart during restructuring.

  • Mid-size battery-electric sedan · 2021

    Weltmeister M7

    The M7 was announced in 2021 as a larger sedan intended to serve as a flagship addition to the Weltmeister range. The model did not reach sustained commercial production before WM Motor's financial crisis, and the company was unable to put it on sale as originally planned.

  • Electric-vehicle charging and mobility application

    GETnGO

    GETnGO was WM Motor's proprietary charging-service application. It was intended to help users find public charging stations, navigate to them and make payments. The service connected with public charging providers in China, including networks associated with State Grid, and was part of WM Motor's broader connected-mobility offering.

Controversies

  • 2023

  • 2023

  • 2020

    WM Motor recalls 1,282 electric vehicles over battery-cell safety risk

    WM Motor announced a recall of 1,282 vehicles produced from June 8 to September 23, 2020, after impurities introduced during battery-cell production could cause short circuits and fire risk. The company said authorized dealers would replace the affected battery packs free of charge.

Read more

Brand decisions

  • 2025

    Pursue a restructuring-led production restartStrategy

    Background

    Following formal reorganization proceedings, the business required new ownership or investment to resume operations.

    Action taken

    Reference material reports the involvement of a restructuring investor and plans to restart production of the E5 and EX5, with a longer-term target of rebuilding capacity.

    Aftermath

    The success of the restart and the final ownership and operating structure remain unconfirmed in the available material.

  • 2023

    Enter pre-restructuring bankruptcyOther

    Background

    Attempts to secure new financing and implement cost reductions did not resolve the company's liquidity problems.

    Action taken

    WM Motor filed for pre-restructuring bankruptcy in October.

    Aftermath

    The filing was followed by disruption to the website, mobile application and customer-support channels, leaving after-sales service uncertain.

  • 2022

    Reduce operations and stop vehicle productionStrategy

    Background

    Rising debt, losses, funding constraints and difficult market conditions placed pressure on WM Motor's manufacturing and retail operations.

    Action taken

    The company ended production of its existing models, reduced staffing and closed many sales locations.

    Aftermath

    The contraction weakened customer access to sales and support services and preceded the company's bankruptcy and reorganization proceedings.

  • 2021

    Broaden the lineup beyond the original SUVStrategy

    Background

    Weltmeister sought greater scale and wider customer coverage in China's competitive electric-vehicle market.

    Action taken

    WM Motor added the W6 and advanced sedan projects including the E5 and M7.

    Aftermath

    The expanded portfolio did not prevent a subsequent deterioration in finances, and the M7 did not achieve the intended sustained launch.

  • 2018

    Launch the Weltmeister marque with the EX5Product launch

    Background

    WM Motor needed a commercially recognizable brand and a first vehicle for entry into China's expanding battery-electric market.

    Action taken

    The company introduced the Weltmeister name and presented the EX5 compact electric SUV at the Beijing Auto Show, followed by production and deliveries later in the year.

    Aftermath

    The EX5 became the foundation of the brand's early market presence and was followed by additional SUV and sedan programs.

Recent events

  • 2025

    Restructuring investor linked to planned production restart[1]

    M&A · Product generation

    Reference material states that a new restructuring investor became involved and that WM Motor planned to restart E5 and EX5 production, with a stated goal of rebuilding toward full production capacity in 2026.

  • 2024

    Court accepts WM Motor pre-reorganization application[1]

    Bankruptcy · Regulation

    WM Motor announced that a court had accepted its application for pre-reorganization, beginning a further formal effort to stabilize the company.

  • 2023

    WM Motor files for pre-restructuring bankruptcy[1]

    Bankruptcy · Other

    In October, WM Motor entered a pre-restructuring bankruptcy process after unsuccessful attempts to obtain new financing. Customer access to digital services and support channels was reportedly disrupted after the filing.

  • 2022

    WM Motor suspends production amid financial distress[1]

    Bankruptcy

    Mounting debt, losses and funding constraints led to production ending across the existing Weltmeister range, alongside layoffs and the closure of many sales locations.

  • 2021

    WM Motor adds the W6 and pursues sedan expansion[1]

    Product launch

    Weltmeister introduced the W6 electric SUV and presented plans for conventional passenger-car products, including the E5 and M7 sedan programs.

  • 2019

    Weltmeister expands its electric SUV range[1]

    Product launch · Product generation

    The company presented the production-oriented EX6 and showed the Evolve concept at the Shanghai Auto Show, signaling plans to broaden the brand beyond its initial EX5 model.

  • 2018

    Weltmeister launches with the EX5 electric SUV[1]

    Product launch · Product generation

    WM Motor introduced the Weltmeister marque and presented the EX5 at the Beijing Auto Show. The EX5 subsequently became the brand's first production vehicle and entered customer delivery later that year.

Sources36 sources

  1. 1Weltmeister (marque)en.wikipedia.org
  2. 2Weltmeisterwikidata.org
  3. 3威马汽车zh.wikipedia.org
  4. 4威马汽车进入破产重整程序pccz.court.gov.cn
  5. 5欠薪停工、创始人被传"跑路",进入预重整finance.sina.com.cn
  6. 6欠薪停工、创始人被传"跑路",进入预重整peopleapp.com
  7. 7WM Motor recalls 1,282 electric vehicles over battery-cell safety riskdonews.com
  8. 8WM Motor recalls 1,282 electric vehicles over battery-cell safety riskfinance.sina.com.cn
  9. 9115亿再加码 威马汽车与多家银行达成战略合作协议finance.sina.com.cn
  10. 1035天内四起自燃事故:威马汽车主动召回1282辆电动汽车finance.sina.com.cn
  11. 11半价首付/可租可购 威马汽车发布“威马直购”新模式auto.sina.com.cn
  12. 12大企担当,为排除隐藏风险,威马汽车主动召回部分产品_商业_行业_中金在线hy.stock.cnfol.com
  13. 13极光与威马汽车达成合作,以智能科技提升用户体验finance.sina.com.cn
  14. 14连续起火事故后,威马宣布召回 1282 辆同批次电芯车辆,免费更换动力电池finance.sina.com.cn
  15. 15联行科技与威马汽车达成业务合作,聚焦赋能车企公共充电服务prnasia.com
  16. 16全国医务人员享专属购车福利 威马推出“威笑天使关爱计划”_新车上市_汽车_中金在线auto.cnfol.com
  17. 17威马汽车发布“IdeaL4”新科技战略 聚焦“本土化”智能出行终端tech.sina.com.cn
  18. 18威马汽车发布IdeaL4战略 携手高通、百度等盟友造车tech.sina.com.cn
  19. 19威马汽车将推出全新E5!熏黑式尾灯/圆形外框车标_新车-网上车市news.cheshi.com
  20. 20威马汽车诉湖南衡威智行对外追收债权纠纷案12月2日开庭 助力归集破产财产finance.sina.com.cn
  21. 21威马汽车推出直购购车方式:“半价”买续航400公里的纯电动SUVtech.sina.com.cn
  22. 22威马汽车完成总额100亿元人民币D轮融资finance.sina.com.cn
  23. 23威马汽车宣布与香港电能达成战略合作协议finance.sina.com.cn
  24. 24威马汽车与金融机构达成115亿元战略合作finance.sina.com.cn
  25. 25威马汽车与温州城发达成战略合作,实力筑就城市运营新模式- DoNews汽车donews.com
  26. 26威马汽车再出手,全资收购北京金凯鸿达汽车租赁公司news.pedaily.cn
  27. 27威马全新“5G”SUV 六天后发布-可实现L4级自动驾驶_新车上市_汽车_中金在线auto.cnfol.com
  28. 28威马首次推出汽车“QQ秀” 一套仪表盘皮肤最贵499元tech.sina.com.cn
  29. 29威马携手百度推出AVP自主泊车技术 量产车型明年交付tech.sina.com.cn
  30. 30威马宣布与多家银行及金融机构达成115亿元战略合作finance.sina.com.cn
  31. 31威马与北京银行达成战略合作,共建新零售金融体系加速科技普惠,威马携手北京银行为用户提供更多金融选择finance.jrj.com.cn
  32. 32威马与香港EV Power达成合作,智慧补能体系再下一城finance.sina.com.cn
  33. 33威马召回1282辆电动汽车 :电芯生产中混入杂质有起火风险finance.sina.com.cn
  34. 34威马Clean Space空气净化系统升级 搭载CN95微米过滤系统_新车上市_汽车_中金在线auto.cnfol.com
  35. 35造车新势力史上最大单轮融资额诞生 威马完成100亿 D轮融资finance.sina.com.cn
  36. 36GoFun出行宣布实现盈利 与华为就车联网等达成合作tech.sina.com.cn

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