Articles Tagged with "IM Motors"

IM Motors delivers 1,937 LS7 SUVs in Mar. 2023
IM Motors delivers 1,937 LS7 SUVs in Mar. 2023

IM Motors announced via its WeChat account it delivered 1,937 IM LS7 SUVs in Mar. 2023, but didn’t unveil the brand’s overall deliveries for the month.

Apr. 6 , 2023
IM Motors begins delivering LS7 SUVs
IM Motors begins delivering LS7 SUVs

IM Motors, the premium electric vehicle (EV) maker backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, started delivering its second production model and also the first SUV model, the IM LS7, on Mar. 1.

Mar. 2 , 2023
IM Motors nabs 5 billion yuan worth of loan
IM Motors nabs 5 billion yuan worth of loan

IM Motors, the premium electric vehicle makers jointly backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, recently obtained a loan worth 5 billion yuan ($723.066 million) by signing an agreement with a group of financial institutions.

Feb. 24 , 2023
SAIC-backed IM Motors delivers 1,007 IM L7s in August
SAIC-backed IM Motors delivers 1,007 IM L7s in August

IM Motors announced on Thursday the deliveries of its first production model, the IM L7, reached 1,007 units last month, jumping 23.4% MoM.

Sep. 1 , 2022
IM Motors inks agreement for Series A equity financing
IM Motors inks agreement for Series A equity financing

IM Motors, the premium electric vehicle joint venture among SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, announced on Monday it had signed an agreement for its Series A equity financing.

Aug. 2 , 2022
SAIC-backed IM Motors starts delivery of IM L7
SAIC-backed IM Motors starts delivery of IM L7

The first batch of the IM L7s was delivered to consumers in Shanghai and Suzhou on June 18.

Jun. 21 , 2022