Li Auto

Li Auto CEO said the company is learning from Huawei's management process and benefit sharing system.

Li Auto said it will challenge itself to become China's best-selling premium auto brand by aiming for a new high of 800,000 deliveries a year.

Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance.

Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media.

The Li L6, which is smaller than the Li L7, will be powered by LFP batteries and will be Li Auto's first model to carry lower-cost batteries.

Li Auto is aiming to sell at least 400,000 units of its three existing models in 2024, with a new EREV Li L6 selling 30,000 units a month and the Li Mega MPV selling 8,000 units a month. It will launch three new BEV models in the second half of the year.

Li Auto has opened 2 flagship retail centers in Shenzhen and Guangzhou, with the facilities in Beijing and Shanghai set to debut later this month.

Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.

Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media.

Li Auto's 2024 models will have configuration updates and will be launched and begin deliveries in March, it said.