SAIC and Alibaba set up new IM e-car brand

SAIC (Shanghai Automotive Industry Corporation), the biggest car manufacturer in China, and Alibaba, the ‘Chinese Amazon’ are launching a new EV car brand called ‘IM’. The latter stands for ‘Intelligence in Motion’ but also Zhiji Motor in Chinese. Their joint venture, Zhiji Motor, presented two models, a sedan and an SUV. Internet giant Alibaba delivers
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