WM Motor Competitors and Similar CompaniesClear all

WM Motor's competitors and similar companies include NIU Technologies and NIO.

	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.	NIU Technologies NIU Technologies is a company that provides smart urban mobility solutions.	NIO NIO (also known as 蔚来, 𘚚𘚚) is a company that develops and manufactures electric sedans, SUVs, and sports cars.
Founding Date	Founding Date 2015	Founding Date 2014	Founding Date 2014
Type	Type Private	Type Public	Type Public
Tags	Tags Automotive & Transportation connected car electric vehicles	Tags Automotive & Transportation Manufacturing & Industrial electric vehicles engineering	Tags Automotive & Transportation batteries electric vehicles electronics self driving
Locations	Locations Shanghai, CN HQ	Locations Changzhou Shi, CN HQ	Locations Shanghai, CN HQ Beijing, CN Hefei, CN Nanjing, CN Munich, DE Oslo, NO London, GB see more
Employees	Employees 500	Employees 64217% increase	Employees 32,820
Valuation ($)	Valuation ($) N/A	Valuation ($) 184.7 m	Valuation ($) 12.3 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) ¥4.3b (FY, 2025)	Revenue (est.) ¥87.5b (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods ¥3.4b (FY, 2025)	Cost of goods ¥67.9b (FY, 2025)
Gross profit	Gross profit N/A	Gross profit ¥883.6m (FY, 2025)	Gross profit ¥20.3b (FY, 2025)
Net income	Net income N/A	Net income (¥39.4m) (FY, 2025)	Net income (¥14.9b) (FY, 2025)
Operating ⚠
Domain Names Registered	Domain Names Registered N/A	Domain Names Registered 2 (Q2, 2018)	Domain Names Registered 671 (FY, 2022)
Trademarks	Trademarks N/A	Trademarks 85 (Q2, 2018)	Trademarks 4.7 k (FY, 2022)
Funding
Total funding raised	Total funding raised $ 4.9b	Total funding raised $ 20m	Total funding raised $ 4.5b