A large number of sales terminals are closed, and Weimar saves itself by going public

Recently, the Wufangqiao store of WM Motor in the Beijing area has been completely empty. The relevant person in charge of WM Motor said: “WM Motor is adjusting the dealer network in some cities recently, and some dealership stores will be temporarily closed.” On January 12, WM Motor announced that it will reach a strategic merger with Apollo Travel, The listing path is further determined. On the same day that WM Motor announced a strategic merger with Apollo Mobility, Shen Hui, the founder, chairman and CEO of WM Motor, shared a clip from the movie “Furong Town” on Weibo. In the video, the only line that appears is, “Live, live like an animal.” | Related reading (Daily Economic News)

Yang Sansi

WM Motor will reach a strategic merger with Apollo Mobility, and the listing will be imminent, which is good news for WM Motor. Therefore, it is normal for some Weimar terminal stores to close temporarily. In addition to strategic adjustment, it is also a cost reduction. Combined with the previous salary cut of Weimar, and the cruel words released by the founder of Weimar in “Furong Town”, it also shows Weimar’s attitude and gives investors and the market a reason to support Weimar.

The birth of new car-making forces is very brave, and financing, car manufacturing, and listing are all high-profile. Compared with several domestic top companies that have already been listed on the market, Weimar is a bit late to the market. However, looking at Weimar’s multiple rounds of financing, Weimar seems to have no shortage of money. According to data, Weimar’s cumulative financing amounted to 35 billion yuan. Moreover, Weimar has established a production base and has achieved mass production. As early as 2021, it has delivered more than 80,000 vehicles in total, forming a relatively complete market system. In my opinion, Weimar’s difficulties are also temporary, and I believe that after the listing, the prospects can be expected.

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