The Li ONE, the only model of Chinese electric car company Li Auto, began deliveries in the fourth quarter of 2019 and has not been updated so far. But the latest reports suggest that the model, which was released in October 2018, is finally getting a new model.

The new Li ONE is expected to be released in May and could be priced at around RMB 350,000 ($54,400)-360,000, up from the current model's price of RMB 32,800, reported Saturday.

The new Li ONE will be based on the existing model with minor adjustments and optimized upgrades to the exterior, interior, and specifications, the report said.

The new model will continue the design of the existing model, although the front center grille may become larger, new smoked wheels may be offered, and more options for paint colors may be available, the report said.


(Li ONE existing model)

According to the declaration drawings previously released by , there are no major changes to the new car's exterior design, the body color scheme may be richer, and four styles of wheels will be offered for selection.

In terms of the interior, the new car may upgrade the in-car system with a more accurate high precision map and fine-tune the multi-function buttons on the steering wheel.

The thickness of the front seats is said to be increased, and a seat massage function may be added to bring a more comfortable ride.

In terms of assisted driving, the new car is expected to be equipped with chips and technical support provided by Chinese chip company Horizon Robotics, together with the newly added millimeter-wave radar to enhance the self-driving capability.

The new car's rear electric motor may increase its peak power to 145 kW and its fuel tank can reach 55 liters, bringing better range performance.

Its internal combustion engine is said to be extended with a 1.2T three-cylinder engine, a ternary lithium battery with a capacity of 40.5 kWh and a combined NEDC pure electric range of 180 km.

Li Auto delivers 5,539 vehicles in April, up 13% from March