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SAIC’s premium EV brand IM Motors launches first SUV

Chinese automaker SAIC on Friday launched its first electric sports utility vehicle under the Intelligence in Motion (IM) premium brand, with a price range of RMB 309,800-RMB 459,800 ($45,348-$67,305), scheduled for delivery in March. The five-seat LS7 crossover can travel up to 400 kilometers (249 miles) in 26 minutes on a 100 kilowatt-hour (kWh) battery from CATL and navigate Chinese highways semi-autonomously with the help of Nvidia’s Orin X supercomputer. The EV division of Volkswagen’s Chinese partner said Thursday that it has already received more than 10,000 pre-orders for the LS7. SAIC established the IM sub-brand in December 2020 with Chinese battery maker CATL and tech giant Alibaba. [Jiemian, in Chinese]

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