- For the current month, retail sales of new energy passenger vehicles in China are expected to reach 520,000 units, up 108.3% Y/Y and up 7% from July, as per China Passenger Car Association report.
- All passenger vehicle sales in China are expected to be 1.88M units in...
LI AUTO INC.
$NASDAQ:LI
503 watching
LI AUTO INC.
$NASDAQ:LI
503 watching
$NASDAQ:LI
@seekingalpha
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Overview
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Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 90,000 EVs in 2021, accounting for about 2.7% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.
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