Category: China

Li Auto CEO addresses what went wrong with Li Mega and how to fix it in internal letter

Li Auto incorrectly treated a period of commercial validation as a period of rapid growth with the Li Mega, and this strategic miscalculation was the essential reason for the model's issues, its CEO said.

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Huawei-Chery joint brand Luxeed to re-launch 1st model S7 on Apr 8, report says

The re-launched Luxeed S7 will bring new features and will be able to deliver soon after launch, with monthly sales expected to be at around 5,000 units, according to local media.

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