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IM Motors
IM Motors (Chinese: 智己汽车, ''Zhiji Motors'') is electric vehicle joint venture between Chinese automobile manufacturer SAIC Motor and Chinese technology companies Zhangjiang Hi-Tech and Alibaba Group. Etymology The company's English name IM stands for "Intelligence in Motion". Its Chinese name is Zhiji Motors (智己汽车). History The IM Motors joint venture between SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech was established in December 2020, and a 3D rendering of the company's upcoming sedan, aiming to compete with the Tesla Model S, was presented later in January 2021. A dynamically developing industry in China, the so-called New Energy Vehicles are distinguished by their high-performance and high power drive systems. In April 2021 at the Auto Shanghai auto show, IM Motors presented three vehicles; the L7 electric executive car prototype, along with two concepts, the LS7 mid-size SUV and the Airo designed by English designer Thomas Heatherwick. Vehicles ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Mid-size SUV
A sport utility vehicle (SUV) is a car classification that combines elements of road-going passenger cars with features from off-road vehicles, such as raised ground clearance and four-wheel drive. There is no commonly agreed-upon definition of an SUV and usage of the term varies between countries. Thus, it is "a loose term that traditionally covers a broad range of vehicles with four-wheel drive." Some definitions claim that an SUV must be built on a light truck chassis; however, broader definitions consider any vehicle with off-road design features to be an SUV. A crossover SUV is often defined as an SUV built with a unibody construction (as with passenger cars), however, the designations are increasingly blurred because of the capabilities of the vehicles, the labelling by marketers, and electrification of new models. The predecessors to SUVs date back to military and low-volume models from the late 1930s, and the four-wheel drive station wagons and carryalls that began ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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SAIC Motor Joint Ventures
SAIC may refer to: *SAIC Motor, a Chinese automaker formerly named Shanghai Automotive Industry Corporation *School of the Art Institute of Chicago, one of America's largest accredited independent schools of art and design, located in the Loop in Chicago, Illinois *Science Applications International Corporation, an American government contractor ** The former name of Leidos, the company that spun off the current SAIC in 2013 *Scottish Aquaculture Innovation Centre * Single antenna interference cancellation, a promising technology to boost the capacity of GSM networks without any needed change in the network *South African Indian Congress, an organization founded in 1924 in Natal (now KwaZulu-Natal), South Africa * Special Agent in Charge, a detective or investigator for a state, county, municipal, federal or tribal government *State Administration for Industry and Commerce Prior to March 2018, the State Administration for Industry and Commerce (SAIC; ) was the authority in the Pe ...
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Heatherwick Studio
Thomas Alexander Heatherwick, (born 17 February 1970) is an English designer and the founder of London-based design practice Heatherwick Studio. He works with a team of around 200 architects, designers and makers from a studio and workshop in King's Cross, London. Heatherwick's projects include the 2012 Summer Olympics and Paralympics cauldron, Olympic Cauldron, the New Routemaster bus, and the UK pavilion at Expo 2010. the renovation of the Hong Kong Pacific Place (Hong Kong), Pacific Place, the now-cancelled Garden Bridge, a proposed plan for a biomass power station in BEI-Teesside, and the ''Vessel (structure), Vessel'' in New York City. Early life Heatherwick was born in London on 17 February 1970. His maternal great-grandfather was the owner of Jaeger (clothing), Jaeger, the London fashion firm, and his uncle was the journalist Nicholas Tomalin. After primary school in Wood Green, north London, he attended the private Sevenoaks School in Kent. He also attended the Rudo ...
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Tesla Model 3
The Tesla Model 3 is a compact executive sedan that is battery powered and produced by Tesla. Limited production of the Model 3 began in mid-2017, with the first production vehicle rolling off the assembly line on July 7, 2017. The official launch and delivery of the first 30 cars took place on July 28. The base Model 3 delivers an EPA-rated all-electric range of and the Long Range version delivers . According to Tesla, the Model 3 carries full self-driving hardware, with periodic software updates adding functionality. The Model 3 was marketed as being more affordable to more people than previous models by Tesla. Since early 2020, the Model 3 is the bestselling electric car in world history, and, in June 2021, became the first electric car to pass the 1 million global sales milestone. The Model 3 has been the world's top selling plug-in electric car (PEV) for three years running, from 2018 to 2020. It has also been the bestselling PEV in the United States for three ...
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Sedan (automobile)
A sedan or saloon (British English) is a automobile, passenger car in a three-box styling, three-box configuration with separate compartments for an engine, passengers, and cargo. The first recorded use of the word "sedan" in reference to an automobile body occurred in 1912. The name derives from the 17th-century Litter (vehicle), litter known as a sedan chair, a one-person enclosed box with windows and carried by porters. Variations of the sedan style include the close-coupled sedan, club sedan, convertible sedan, fastback sedan, hardtop sedan, notchback sedan, and sedanet/sedanette. Definition A sedan () is a car with a closed body (i.e. a fixed metal roof) with the engine, passengers, and cargo in separate compartments. This broad definition does not differentiate sedans from various other car body styles, but in practice, the typical characteristics of sedans are: * a Pillar (car), B-pillar (between the front and rear windows) that supports the roof * two rows of seats ...
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Compact Executive Car
A compact executive car, also known as a compact luxury car, is a premium car larger than a premium compact and smaller than an executive car. Compact executive car is a UK term and a part of the D-segment in the European car classification. An executive car generally needs to be comfortable and well-equipped while also being cheap to run as a company car. They may have performance features and are often viewed as status symbols. A high percentage of the "executive cars" market share consists of corporate-owned cars, or vehicles provided by a firm for the business and sometimes private use by employees. Cars related to the term by country United States The "compact executive car" description is not often used in the United States, but it describes certain models imported from Europe. The Cadillac ATS has been described as a compact executive car. The ATS was succeeded by the Cadillac CT4. Before the ATS, a heavily badge engineered version of the Saab 9-3 was sold in Euro ...
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Zhiji IM LS7 001
Zhiji may refer to any of the following: * IM Motors (), a Chinese electric car manufacturer * Liu Zhiji, a Chinese historian and politician of the Tang dynasty * Yuwen Zhiji, a military officer of the Sui dynasty See also * Jiutou Zhiji Jing Jiutou Zhiji Jing ( zh, c=九头雉鸡精/九頭雉鷄精, p=Jiǔtóu Zhìjī Jīng; roughly ''Nine-Headed Pheasant Spirit''), or Hu Ximei ( zh, c=胡喜媚, p=Hú Xǐmèi; roughly ''Splendor''), is a yaojing, changed from a pheasant with nine he ...
, a yaojing and a character from the famed classic Chinese novel ''Investiture of the Gods'' {{disambiguation, given name ...
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Zhiji IM L7 001
Zhiji may refer to any of the following: * IM Motors (), a Chinese electric car manufacturer * Liu Zhiji, a Chinese historian and politician of the Tang dynasty * Yuwen Zhiji, a military officer of the Sui dynasty See also * Jiutou Zhiji Jing Jiutou Zhiji Jing ( zh, c=九头雉鸡精/九頭雉鷄精, p=Jiǔtóu Zhìjī Jīng; roughly ''Nine-Headed Pheasant Spirit''), or Hu Ximei ( zh, c=胡喜媚, p=Hú Xǐmèi; roughly ''Splendor''), is a yaojing, changed from a pheasant with nine he ...
, a yaojing and a character from the famed classic Chinese novel ''Investiture of the Gods'' {{disambiguation, given name ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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