Li Auto

The Li L7 Pro will feature a dual-motor, four-wheel drive system with 330 kW of peak power that can accelerate from 0 to 100 km/h in 5.5 seconds.

SUV competition in China's premium segment will intensify dramatically next year, with Nio, Xpeng and Li Auto all aggressively going after German luxury brands' market share, said Edison Yu's team.

Li Auto has moved up the release of the Li L8 by one month and said it will launch and deliver the Li L7 in the first quarter of 2023.

Li Auto fell below HK$100 for the first time since early June, accumulating a 32 percent drop from its recent high on June 24.

The Li L8 looks essentially the same as the Li L9, except for a lower position at the rear for the license plate.

Shen has reduced his holdings of Li Auto shares several times since last December.

The Li L8 will be built on the same platform as the Li L9 and can be seen as a scaled-down version of the Li L9, as previously reported by some local media.

Of the Chinese car-making trio, only Nio has perfectly solved the dilemma of replacing existing models with new ones in the past.

Li Auto announced today that it will launch the new SUV Li L8 in early November and deliveries will begin the same month.

Li Auto is preparing to launch the Li L8 in early November, with deliveries starting the same month.