IM Motors
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SAIC's EV arm IM Motors launches new SUV LS6: Prices start at $31,480, LiDAR standard
The LS6 is IM Motors' third model and the least expensive in its lineup, with a LiDAR and Nvidia Orin chip as standard.
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Buying BEV platform in China could be 'big bang' for VW stock to win over large investors, says Deutsche Bank
Buying a BEV platform in China could be one of the "big bangs" needed for Volkswagen stock to break out of what can by now only be characterized as being largely ignored by many of the largest asset managers globally, Deutsche Bank said.
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Audi reportedly in talks to buy platform from SAIC's EV unit IM Motors
Audi seeks to take over the EV platform owned by IM Motors, with talks in an advanced stage, according to a Reuters report.
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IM Motors unveils 2nd model LS7 and begins pre-sales with starting price of $50,260
IM Motors LS7, a mid-to-large-size SUV with a pre-sale price range of RMB 350,000 ($50,260) to 500,000, will officially go on sale in February.
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IM Motors L7 performance variant launched with starting price of $65,500
The model comes with an extensive sports package and an enhanced motor cooling system that raises the power to 445 kW.
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IM Motors to launch performance version of L7 electric sedan this year
IM Motors said the L7 Snake Performance, built by the company's performance division, will deliver a better handling experience.
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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).
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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.
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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.
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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.
