Smart and Sustainable Electric Mobility
In the first quarter, Li Auto delivered 80,400 vehicles, exceeding the upper end of the lowered guidance range of 76,000 to 78,000 vehicles.
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Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.
The post China EV sales for week ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700 appeared first on CnEVPost.
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Li Auto previously aimed to sell as many as 800,000 vehicles in 2024, and become the best-selling premium car brand in China.
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Li Auto now expects vehicle deliveries in the first quarter of 2024 to be in the range of 76,000 to 78,000 units, revised from its previous forecast of between 100,000 and 103,000 units.
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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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So far this month, Nio was at 5,500, Xpeng at 4,700, Li Auto at 18,200 and Tesla at 31,000.
The post China EV insurance registrations for week ending Mar 17: Nio 2,200, Xpeng 2,200, Li Auto 7,000, Tesla 12,300 appeared first on CnEVPost.
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Nio's models currently come standard with four Nvidia Orin chips, but it will carry its own in-house developed chip in the ET9, which it will start delivering next year.
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Li Auto's management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media.
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Between March 16 and April 15, Li Mega owners who use Li Auto's supercharging stations to charge their vehicles will be rewarded with credits equal to the amount they pay per charge.
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Li Auto has restructured the naming of its L-series models and will launch new versions of the Li L7 and Li L8 in May, both with RMB 18,000 lower prices.
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