Smart and Sustainable Electric Mobility
Deliveries of Li L9 and Li L8 both exceeded 10,000 units in December. Li Auto delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year.
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The Li L7 is a five-seat version of the Li L8 and will be offered in two variants with starting prices of RMB 339,800 and 379,800 respectively.
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The Li L7 is a five-seat version of the Li L8 and will be offered in two variants with starting prices of RMB 339,800 and 379,800 respectively.
The post Li Auto to launch new SUV Li L7 on Feb 8 appeared first on CnEVPost.
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The Li L9 and Li L8 were fast-tracking their capacity climb, and Li Auto is on track to exceed 20,000 deliveries in December, an executive said.
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ET5 also won the Oscarfor Interior design
The post Nio ET5 made the 10 Best Cars list in Xuanyuan Award, the Oscars for Chinese automakers appeared first on CarNewsChina.com.
The sharp decline in gross margin was due to a huge hit of $803 million from inventory provisioning and loss of purchase commitments related to the accelerated phase-out of Li ONE.
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Shen has served as president of Li Auto since November 2015. His last day with the company is expected to be around the end of June 2023.
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Li Auto's fourth-quarter delivery guidance of 45,000 to 48,000 vehicles means it expects to deliver 19,914 to 22,914 vehicles in December.
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"We expect a somewhat messy quarter due to accelerated phase-out of the Li ONE materially hurting margins," Deutsche Bank analyst Edison Yu's team said.
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Li Auto achieved a new record in deliveries
The post Li Auto sets new record by delivering 15,034 cars in November 2022 appeared first on CarNewsChina.com.
