威马WM Motor

Is WM Motor Chinese? Yes

Facts checked Ownership as of 4 September 2026

Yes

WM Motor was Chinese. The Shanghai electric-car start-up, also sold as Weltmeister, was one of the first of the 2015 wave and entered restructuring in 2023. It is defunct as a going concern.

Chinese holding: 100% as of 4 September 2026.

The chain

The ownership chain behind this answer, owner first.
Step Entity Kind Origin
1 WM Motor brand CN

Holding by holding

  1. Shenzhen Xiangfei Automobile Sales Co., Ltd. controls WM Motor Technology Group Co., Ltd. since September 2025.

    Shenzhen Xiangfei Automobile Sales announced on 6 September 2025 that it had become the restructuring investor and new shareholder of WM Motor's four operating entities, taking control of them, with RMB 1bn committed to equipment, supply chain and development. The percentage held was not disclosed.

  2. WM Motor Technology Group Co., Ltd. owns WM Motor at 100% since January 2015.

    The Weltmeister / WM marque belongs to WM Motor Technology Group of Shanghai, which has been in court reorganisation since a pre-restructuring filing in October 2023.

Is WM Motor Chinese: the short answers

Is WM Motor Chinese?
Yes. WM Motor was Chinese. The Shanghai electric-car start-up, also sold as Weltmeister, was one of the first of the 2015 wave and entered restructuring in 2023. It is defunct as a going concern.
How much of WM Motor is Chinese-owned?
100%, as of 4 September 2026.
Who owns WM Motor?
WM Motor sits at the top of the recorded chain. The ownership page sets out every step with its stake and date.

Related

Sources for this answer

  1. Wikipedia, List of automobile manufacturers of China. Read . Chinese manufacturer list, including former makers.