The IM L7 from the joint venture IM Motors marks Alibaba’s first foray into China’s booming electric vehicle market, which has also attracted tech giants Huawei, Xiaomi and Baidu. Photo: Alibaba
The IM L7 from the joint venture IM Motors marks Alibaba’s first foray into China’s booming electric vehicle market, which has also attracted tech giants Huawei, Xiaomi and Baidu. Photo: Alibaba
Electric & new energy vehicles
Tech /  Big Tech

Alibaba-backed electric vehicle cruises into a booming market crowded by Tesla, Xpeng and NIO cars

  • The IM L7, a luxury electric sedan from joint venture IM Motors, marks Alibaba’s first foray into the world’s largest electric vehicle market
  • Tech rivals including Huawei, Xiaomi and Baidu have also bet on EVs to fuel future growth

Ann Cao
Ann Cao in Shanghai

Updated: 9:30pm, 4 Mar, 2022

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The IM L7 from the joint venture IM Motors marks Alibaba’s first foray into China’s booming electric vehicle market, which has also attracted tech giants Huawei, Xiaomi and Baidu. Photo: Alibaba
The IM L7 from the joint venture IM Motors marks Alibaba’s first foray into China’s booming electric vehicle market, which has also attracted tech giants Huawei, Xiaomi and Baidu. Photo: Alibaba
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