Alibaba is preparing a "Tesla killer". All the details about the new brand from China 🌎🌍🌏deliveries start from April 2022❤

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Alibaba Starts Mass Production of Electric Vehicles Jack Ma's Alibaba Group Holding Ltd has begun mass production of smart electric vehicles, according to The Register. Alibaba's electric vehicle venture with state-owned car company SAIC, called IM Motors, will be ready for sales of the IM L7 luxury sedan on March 29. The SAIC plant in Shanghai's Lingang Special District is building vehicles for April deliveries. The vehicle is over 5 m long with a single 340 hp rear motor. in the basic version, and in the other version, two engines with a capacity of 237 hp are installed. and 340 hp A battery with a capacity of 93 kWh will allow the twin-engine version to travel 615 km. The vehicle is said to be self-parking, drive autonomously on the highway, and semi-autonomously in the city. Its intelligent driving systems consist of an Nvidia Jetson Xavier chipset, 12 high-precision cameras, 5mm radars, lidar, and 12 ultrasonic sensors. The car is a potential competitor to Tesla Inc's (NASDAQ: TSLA) Model S in the Chinese market, selling for ¥408,800 ($64,670) at a discount to US Tesla Model S prices that start at $94,990. Tesla also works in Lingang, running a gigafactory there, conveniently called Giga Shanghai. Alibaba and SAIC started developing smart cars in 2016.
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