Li Auto joins the new wave of price war in China to maintain the good sales volume.
The post Li Auto slashed prices by 4,200 USD to intensify competition in China appeared first on CarNewsChina.com.
Category: Li Auto
Li Auto cuts prices of all models except Li L6
Most of the price cuts for Li Auto's L-series models are RMB 20,000, and the Li Mega saw the biggest drop at RMB 30,000.
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Li Auto says Li L6 exceeds 10,000 orders in 72 hours after launch
The Li L6 underperforms the Li L9 in the same time frame, with the higher-priced Li L9 having more than 30,000 orders in 72 hours.
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Li L6 to be Li Auto sales growth driver, but will face stiff competition, says Deutsche Bank
The Li L6 will be the biggest driver of Li Auto's sales growth this year, but the segment is highly competitive due to the natural effect of falling price ranges, says Deutsche Bank.
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Li Auto launches its cheapest model Li L6 with starting price of $34,500
Li Auto will begin small-volume deliveries of the Li L6 next week and expects to deliver about 2,000 units this month, with large-scale deliveries beginning in May.
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Li Auto to start deliveries of new model Li L6 next week
The launch event of the Li L6 will begin in a few hours at 8 pm Beijing Time.
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China EV sales for week ending Apr 14: Nio 2,510, Tesla 6,230, BYD 53,130
Xiaomi was at 2,380 last week, Xpeng at 1,580, Li Auto at 7,120 and Zeekr at 2,670.
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Li Auto says it’s impersonated in signing sales authorization with Uzbek firm
Li Auto said the information circulating on the Internet about it signing a deal with an Uzbek company is false.
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China EV sales for week ending Apr 7: Nio 2,110, Tesla 1,880, BYD 46,250
Major EV makers saw sales in China fall last week, partly due to the Tomb Sweeping Day holiday.
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Li Auto to launch lower-priced Li L6 SUV on Apr 18
The launch event for the Li L6, which is expected to be the lowest priced in the company's product lineup, will begin at 8 pm Beijing Time on April 18.
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