Sales Target

Shanghai aims to further increase the share of electric vehicles and fuel-cell vehicles, promote the transformation of car companies into emerging industries and nurture auto parts companies with tens of billions yuan in sales.

Although there is only one model on sale, Li Auto is very confident about its performance.

In the first five months of this year, Neta's cumulative sales reached 16,000 units, including 4,508 units sold in May.

Xpeng Motors is aiming for 100,000 sales in 2021, implying a 270 percent increase over last year, according to a March 31 report by LatePost.

Li Auto's 20 percent market share corresponds to 1.6 million units of sales.