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IM Motors stands as an electric vehicle collaborative effort involving Chinese automotive giant SAIC Motor and technology powerhouses Zhangjiang Hi-Tech and Alibaba Group.
Formed in December 2020, the joint venture between SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech is gearing up to introduce a sedan poised to rival the Tesla Model S. In January 2021, a 3D rendering of the impending vehicle from IM Motors was unveiled, showcasing the company’s ambitions in the electric vehicle market.