Li Auto

Li Auto's sales target for this year is 700,000 vehicles, representing about 40 percent growth, according to local media.

Li Auto's Halo OS aims to challenge the closed-source AUTOSAR and is expected to save the automotive industry up to RMB 20 billion in investment each year.

After suspending the sharing of weekly insurance registration data last week in response to a call from the CAAM, Li Auto has resumed publishing the data, but only its own.

Pre-order price for updated Li Mega is the same as its predecessor, but with an upgrade of the smart driving chip from the previous two Nvidia Orin-X chips to a single Thor-U chip.

Li Auto will update existing models in May, focusing on upgrades to smart driving hardware.

MindVLA will redefine autonomous driving in the same way that the iPhone 4 redefined smartphones, said Li Auto CEO.

Li Auto will launch two all-electric SUVs this year, including the Li i8 in July and another model, the Li i6, in the second half of the year.

Li Auto guided its vehicle deliveries in the first quarter to be in the range of 88,000 to 93,000 units, below analysts' expectations of 130,914 units.

Li Auto said the Li i8 has completed two winters and two summers of durability and performance verification in 300 cities across China.

The Li i8 is Li Auto's first all-electric SUV and second all-electric model after the Li Mega MPV.