Alibaba has released an electric car with wireless charging under the new IM brand. It was created jointly with the Chinese automobile concern SAIC Motor. The sedan is equipped with a new battery from Contemporary Amperex Technology with a higher energy density than those used now, as well as chips from Nvidia, which will help it self-park. The company will start taking pre-orders in April 2021, with a sporty IM variant planned for 2022.