IM Motors

IM Motors closes Series A financing as cumulative deliveries reach 1,051
This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44). ...
SAIC expects deliveries of its premium EV brand IM Motors to exceed 1,000 units by end of July
The IM Motors L7 is positioned similarly to the NIO ET7, and SAIC says the sedan will have stronger deliveries in August. ...
IM Motors, backed by SAIC and Alibaba, begins deliveries of its first model
IM Motors L7 is positioned similarly to NIO's ET7 sedan, which began delivery in late March, as a mid-size, all-electric premium sedan. ...
IM Motors, SAIC and Alibaba-backed EV brand, begins locking in orders for first model
IM Motors is expected to start allowing test drives on April 9, with first deliveries starting in late April. ...
SAIC's IM Motors to deliver its premium electric sedan L7 right after NIO ET7
The L7 is currently the closest in looks, specs and price to NIO's first flagship sedan, the ET7. ...
IM Motors sees 200 Beta units of its first model, the L7, roll off line
By the end of February 2022, IM L7 test cars will begin to be available in sales stores, and interested consumers will be able to take a test drive in early March. ...
SAIC to set up new company to run its R brand
The R brand will focus on the RMB 200,000-400,000 price range, while IM Motors will focus on the RMB 400,000+ market. ...
IM Motors, SAIC and Alibaba-backed EV brand, shows off muscles in self-driving
Self-driving capabilities are a focal point of the competition among China's emerging car companies. IM Motors has just shown off its strong capabilities. ...
IM Motors names first offerings of its L7 model 'Angel Investment Edition,' priced at about $62,800
IM Motors, a SAIC-Alibaba partnership, has announced the first offerings of its L7, the "Angel Investment Edition," and a pre-sale price of RMB 408,800 ($62,821). ...
If you think NIO is good at user operations, then take a look at its Chinese peer
IM Motors Tuesday unveiled details of its user operation program, which combines initial coin offering (ICO), cryptocurrency mining, and user relationship maintenance. ...