SAIC

The starting price of the entry-level version of the updated IM L6 remains unchanged, but the pricier variants have seen price cuts.

The LS6 has been rebranded as the IM6 in Thailand with a starting price of 1,399,900 baht ($41,600).

The LS6, rebranded as the IM6 in Thailand, will go on sale on March 24 at the Thailand auto show.

The four-door Mini EV starts at RMB 44,800 ($6,180) and has a CLTC range of 205 km.

The discount, available this month, reduces the starting price of the IM L6 by 13.64 percent to RMB 189,900.

Customers who buy an EV from IM Motors before the Chinese New Year can enjoy 0-interest financing for five years and a RMB 5,000 ($680) cash discount.

Wuling's move brings the price of an electric model with a range of 500 km below RMB 90,000 yuan.

MG will first produce the new-generation MG5 model in Egypt, with the local plant having an initial annual capacity of 50,000 units.

An IM Motors executive said the company officially received its L4 driverless road test license today.

IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.