Ex-Geely/Volvo Exec Raises $1 Billion To Establishes EV Start-Up WM Motor

Chinese start-up WM Motor has raised $1 billion dollars with a goal to become another major plug-in electric car maker in China…and of course, maybe even challenge Tesla. At this point, we will just assume mentioning competing with Tesla is some sort of prerequisite for building EVs in China. Anyway, the company was founded… …read more