Li Auto

The car's cabin caught fire within nine seconds, which was not caused by the vehicle itself, but possibly by flammable and explosive items that ignited, Li Auto said.

Li Auto delivered 28,687 vehicles in the second quarter, above the upper end of its previous guidance range of 21,000-24,000 vehicles.

Li Auto has set up an investigation team to confirm whether it was a driver issue or a vehicle problem. local media quoted the company's customer service as saying.

Li Auto delivered 10,422 vehicles in July, up 21.34 percent from 8,589 in the same month last year, but down 19.98 percent from June's 13,024 volume.

This could be Li Auto's first all-electric model, which will be powered by CATL's Qilin Battery.

A Li L9 test car crashed into a metal guardrail on the side of the road at 86 km/h during acceleration.

Li Auto said the company has not issued any digital currencies or NFT digital collections to the public.

The failure in the Li L9 test car is a one-off issue for non-production models, and Li Auto will address the issue in the final production vehicle, the company said.

Li Auto delivered 28,687 units in the second quarter, up 63.23 percent from the same period last year, but down 9.55 percent from the first quarter.

By the end of 2024 at the latest, the main models of BBA's locally produced medium-to-large SUVs will be selling for less than RMB 500,000, he said.