Articles Tagged with "IM Motors"

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
IM Motors ambitious to sell 45,000 vehicles through 2023
IM Motors ambitious to sell 45,000 vehicles through 2023

IM Motors, the premium electric vehicle (EV) maker co-backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, aims to sell 45,000 vehicles in 2023, and eyes a 200,000-300,000 units of scale in both annual output and sales by 2025.

Feb. 16 , 2023
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