WM Motor, a Chinese EV startup reportedly backed by a $1 billion investment and led by a former Geely executive, unveiled its first electric SUV prototype this week and launched its new brand called ‘Weltmeister’.

The vehicle looks suspiciously a lot like the Mitsubishi Outlander, which isn’t exactly surprising since we caught them photoshopping the vehicle on top of Outlander press images last year.  expand full story

In a profile published back in August, Bloomberg revealed a new electric vehicle startup founded by the former Geely executive who oversaw the takeover of Volvo, Freeman Shen, and reported that they managed to raise over $1 billion in just over a year in order to launch mass-market electric vehicles by 2018.

The company called WM Motor unveiled its first 3 models this week through press content sent to Chinese media and now making its way to international media. It appears that one of the first concepts of this billion-dollar EV startup is simply photoshopped images based on promotional pictures of the 2016 Mitsubishi Outlander. expand full story