Alibaba and IM Motors open IM Valley to embrace blockchain tech

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IM Motors, the high-end intelligent pure electric vehicle brand backed by China’s largest automaker, SAIC, and e-commerce giant Alibaba, announces it will officially launch its Drive-to-Earn Reward Scheme, with Mileage Mining mode starting on Aug. 7, 2022, for IM Valley, a metaverse built for its car owners to earn digital “Stones” as they drive. It indicates the completion of IM Motors’ Customer Share Option Plan, or CSOP, an initiative to bring the power of data back to its owners wi ...

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