WM's sales hit a new high in June, up 77.8% MoM in Q2

IIA learned from WM Motor that the automaker's sales in June reached 2,028 vehicles, an increase of 34.9% month-on-month, and it has achieved month-on-month growth for four consecutive months. Although the emergence of COVID-19 has brought a certain impact to the automobile industry, but as the epidemic gradually improved, the automobile market has gradually recovered.

According to official information, sales of WM Motor cars gradually increased in the second quarter, with cumulative sales up 77.8% month-on-month. According to statistics from the China Passenger Car Association (CPCA), WM Motor sold 2,028 vehicles in June, an increase of 34.9% month-on-month, which is also the fourth consecutive month of WM Motor's sharp increase in the month.

At the same time, in order to provide better services to customers, WM Motor is working to build a new network of lighter, diversified, and large-scale retail channels. Among them, in June alone, WM Motor has newly added 15 domestic cities. 18 new retail channels to further upgrade the user experience.

As of May this year, the total sales of new power car companies represented by WM Motor, NIO, and Xpeng have accounted for 15% of China's pure electric share, a significant increase from the 6% market share in the same period last year. At present, new car companies have occupied a pivotal position in the new energy market, and have played a powerful role in the reform of the automotive industry.