Li Auto

Li Auto CEO said that most of the EV makers that have not yet announced price increases are those whose contracts with battery suppliers have not yet been finalized, and they will also increase prices once they are.

After unveiling the exterior of the new SUV L9 earlier today, Li Auto has released more information about the model, including the audio system, seating configuration and a small screen on the steering wheel.

Images released by Li Auto showed the L9's general design style is similar to the company's only current model, the Li ONE, but with some details improved.

The Li Auto L9 and Li ONE are ushering in a new category of "luxury cars for the family" that deserves a lot of attention, according to a team of local analysts.

With the inclusion in the list, investors in the Chinese mainland will be able to trade Li Auto shares more easily.

Li Auto's subsidiary engaged in venture capital was established on March 4 with a registered capital of RMB 600 million.

With a price range of RMB 450,000 ($71,200) - 500,000, the Li Auto L9 will offer plenty of innovation in voice interaction and in-car screen interaction.

Li Auto will unveil its global smart flagship SUV for families, which is officially named Li Auto L9, during the Beijing Auto Show, it said.

The price target implies a 44 percent upside.

Production at Li Auto was affected by a shortage of parts due to the Chinese New Year holiday and the Covid-19 outbreak in Suzhou, the company said.