Category: Li Auto

Li Auto launches Li L7 and new variant of Li L8, brings in new battery suppliers besides CATL

Li Auto brought a lower-priced Air version to its product matrix for the first time, with the Li L7 Air and Li L8 Air powered by batteries from Svolt Energy and Sunwoda, respectively.

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China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, NIO 1,948

Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

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Li Auto reportedly to offer new, less expensive variants of Li L7, Li L8

The new Air variants of the Li L7 and Li L8 are expected to eliminate the air suspension and electric suction doors, thus lowering the prices by more than RMB 20,000, local media said.

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China NEV insurance registrations for 2 weeks ending Jan 29: BYD 29,988, Tesla 10,852, NIO 3,435

Sales of NEVs in China have declined significantly over the past two weeks, but this is to be expected as the vast majority of last week was during the Chinese New Year holiday.

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Deutsche Bank on China EV market: Jan looking soft as expected

China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.

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Li Auto aims to be world-leading AI firm by 2030

City NOA capabilities that enable end-to-end training without relying on high-precision maps will be available by the end of 2023 and will be an important starting point for Software 2.0's transformation of the physical world, said Li Auto's CEO.

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