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China

IM Motors receives Series B equity financing worth over CNY 8 billion

Mar 05, 2024

On March 1, IM Motors, an SAIC Motor sub-brand, received a Series B equity financing worth over CNY 8 billion. The proceedings will be used for the R&D of next-generation intelligent models, advanced intelligent driving technology, and future intelligent cockpit technology.
This financing was led by BOC Financial Ass....

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