After Nio, Xpeng, Chinese EV maker WM Motor looks to list in Hong Kong

After Nio, Xpeng, Chinese EV maker WM Motor looks to list in Hong Kong

WM Motor's EX6 Plus smart, pure electric SUV. Source: WM Motor website

Money-losing electric vehicle startup WM Motor Holdings Ltd. has filed for a Hong Kong IPO to fuel its expansion, as a flood of cashed-up industry newcomers such as Baidu and Xiaomi intensify already fierce competition.