The IM Motors L7 is positioned similarly to the Nio ET7, and SAIC says the sedan will have stronger deliveries in August.
(Image credit: IM Motors)
IM Motors, the premium electric vehicle (EV) brand jointly created by China's largest car company SAIC and e-commerce giant Alibaba, is accelerating deliveries of its first model, after starting its first deliveries a month ago.
The IM Motors L7 sedan arrived in bulk at the brand's experience center and delivery center in China today, entering an accelerated delivery phase, SAIC said in a post on its WeChat account.
Cumulative deliveries of the IM Motors L7 are expected to surpass 1,000 units by the end of July, with stronger and faster deliveries in August, SAIC said.
In the fourth quarter, IM Motors L7's delivery capacity will be further enhanced, according to SAIC.
To date, IM Motors has nearly 70 experience, delivery and service centers in China, and will reach 120 by the end of the year, SAIC said.
IM Motors is a joint venture between SAIC, Zhangjiang Hi-Tech and Alibaba, with SAIC holding a majority stake.
The IM Motors L7 is positioned similarly to Nio's ET7 sedan, which began deliveries in late March, as a medium-to-large all-electric sedan. There are currently very limited options for this segment in China.
The IM Motors L7 measures 5,098 mm in length, 1,960 mm in width and 1,482 mm in height, with a wheelbase of 3,100 mm. For comparison, the Nio ET7 measures 5,101 mm in length, 1,987 mm in width and 1,509 mm in height, with a wheelbase of 3,060 mm.
In terms of price, the IM Motors L7 is slightly cheaper than the ET7, with deliveries already started for the L7 Pro version, which starts at RMB 408,800 (60,870). Its other version, the L7 Dynamic, has a starting price of RMB 368,800 and deliveries are expected to begin in August.
The Nio ET7 is also currently available in two versions, a regular version and a first-edition version, with pre-subsidy starting prices of RMB 458,000 and 536,000 yuan respectively.
Deliveries by IM Motors in China began on June 18, with the first cities to see L7 deliveries being Shanghai and Suzhou, the company previously announced, without disclosing the number of first deliveries.
IM Motors, SAIC and Alibaba-backed EV brand, shows off muscles in self-driving
