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Chinese Electric Vehicle Unicorn WM Motor Aims To Build Uber+Tesla Hybrid, Former Volvo China Chairman Says
"I’ve never seen two Chinese guys comparing (car) engines (like people do in Europe)," says Freeman Shen, founder of Chinese electric vehicle start-up WM Motor Technology Co., Ltd. "China doesn’t have a long driving culture…the car is more a tool for people to get from point A to B." It’s one reason his three-year-old company, with RMB10 billion (US$1.5 billion) in funding, is taking a different route than most of its rivals. Instead of simply producing a decent, mass market …
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