Chinese electric car company WM Motor has signed a tentative agreement with Uber to export the WM EX5 to more than 10 European countries, including the United Kingdom, as an optional vehicle for Uber's drivers, Sina Tech said, citing sources.
New Chinese carmakers, including NIO and XPeng, have plans to go to overseas markets.
During NIO's Q3 2020 earnings call, NIO founder William Li Bin revealed NIO's international market plans, and Europe will be NIO's first stop.
Earlier, XPeng achieved the first G3 exports to Norway.
WM Motor's approach is different from both NIO and XPeng's, exporting through procurement, the report said.
According to the source, the WM EX5 sourced by Uber will be placed in more than 10 European countries, including the UK, as an optional vehicle for local drivers. These countries are heavily subsidizing electric cars out of support for reducing carbon emissions.
"However, it will be some time before the actual export is realized." Electric vehicles exported to Europe must meet local standards, including charging and safety requirements, the source said. After the deal is struck, WM Motor will first complete modifications to the vehicles to meet the standards before it can get an export license.
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