China EV Startup WM Motor Seeks Up to $1 Billion in Funds: CEO

The video discusses the intersection of the EV market and technology, highlighting the impact of global trade disputes on supply chains. It explores the challenges and strategies in financing the EV sector, including a shift towards global investors. The video also addresses consumer concerns about battery safety, with a focus on offering lifetime warranties to boost confidence. The company aims to be the first profitable Chinese EV maker, leveraging global capabilities and experience.

What is a major concern for Chinese EV makers due to global trade disputes?

• Lack of skilled labor

• Increased production costs

• Bifurcation of global supply chains

• Decreased demand for EVs

What is a significant change in the company's financing strategy?

• Avoiding institutional investors

• Focusing only on local investors

• Opening up to global investors

• Reducing investment amounts

Why is the company confident about its future in the EV market?

• It has the cheapest EVs

• It offers a lifetime battery warranty

• It is the only EV maker in China

• It has a strong global team

What measure has the company taken to address consumer concerns about battery safety?

• Introduced a lifetime battery warranty

• Partnered with Tesla

• Stopped using batteries

• Reduced battery prices

What is the company's goal regarding profitability?

• To achieve profitability in the next decade

• To be the most profitable company in the world

• To be the first Chinese EV maker to be profitable for a full year

• To be the first global EV maker to be profitable