Li Auto Plant
Li Auto buys huge plot of land in Chongqing to prepare for aggressive capacity expansion
The site is 1.13 million square meters, larger than Tesla's Giga Shanghai, and will set the stage for Li Auto to achieve sales of 1.6 million vehicles by 2025.
Li Auto's 2nd plant starts construction in Beijing, production expected in 2023
The plant, which was originally Beijing Hyundai's No. 1 plant, has a total investment of more than $933 million and is scheduled to start production by the end of 2023.
Li Auto reportedly considering European production site
Li Auto is considering the possibility of building an offshore production site to serve as a stepping stone for its entry into the global market, the SCMP reported.
Li Auto hiring 'Beijing plant manager', cementing rumors of new factory
Li Auto has been rumored several times since early April to be building a second factory in Beijing, and while the company has never confirmed it, the latest job postings seem to prove those rumors are reliable.
Li Auto will reportedly take over Beijing Hyundai plant as its second factory
The plant, with a total investment of RMB 6 billion ($940 million), will be used for research and development of vehicles, core components, autonomous driving, and other key technologies, the report said.
Li Auto reportedly plans to build second factory, possibly in Beijing, where it is headquartered
Li Auto is planning to build a second factory, most likely in Beijing, where the company is headquartered, local media iautodaily.com said on April 2, citing sources familiar with the matter.
