![]() WM Motor WM Motor (Weltmeister, 威马智慧出行科技(上海)有限公司) is a company that designs, manufactures, and markets battery electric vehicles. | ![]() Kandi Technologies Kandi Technologies Group (also known as KNDI) is a company that researches, develops, manufactures, and sells electric vehicles (EVs), electric off‑road vehicles, and related EV components. | ||||
Founding Date | Founding Date 2014 | Founding Date 2018 | Founding Date 2015 | Founding Date 2002 | Founding Date 2014 |
Type | Type Public | Type Private | Type Private | Type Subsidiary | Type Private |
Tags | |||||
Locations | Locations Changzhou Shi, CN HQ | Locations Shanghai, CN HQ | Locations Jinhua, CN HQ Haikou, CN Jinhua, CN Dallas, US | Locations Shanghai, CN HQ | |
Employees | Employees 64217% increase | Employees 5862% decrease | Employees 500 | Employees 840 | Employees 500 |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥4.3b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $123.6m (FY, 2023) | Revenue (est.) N/A |
Cost of goods | Cost of goods ¥3.4b (FY, 2025) | Cost of goods N/A | Cost of goods N/A | Cost of goods $82.2m (FY, 2023) | Cost of goods N/A |
Gross profit | Gross profit ¥883.6m (FY, 2025) | Gross profit N/A | Gross profit N/A | Gross profit $41.4m (FY, 2023) | Gross profit N/A |
Net income | Net income (¥39.4m) (FY, 2025) | Net income N/A | Net income N/A | Net income $1.7m (FY, 2023) | Net income N/A |
Operating ⚠ | |||||
Countries | Countries 24 (Q2, 2018) | Countries 21 (Aug, 2023) | Countries N/A | Countries N/A | Countries N/A |
Patents Issued | Patents Issued 176 (Q2, 2018) | Patents Issued N/A | Patents Issued N/A | Patents Issued 200 (FY, 2021) | Patents Issued N/A |
Trademarks | Trademarks 85 (Q2, 2018) | Trademarks 23 (Aug, 2023) | Trademarks N/A | Trademarks N/A | Trademarks N/A |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round $ 200m (over 4 years ago) | Latest funding round $ 1.5b (over 5 years ago) | Latest funding round N/A | Latest funding round $ 350m (almost 8 years ago) |
Total funding raised | Total funding raised $ 20m | Total funding raised $ 640.8m | Total funding raised $ 4.9b | Total funding raised N/A | Total funding raised $ 1.3b |

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