Sales Target

Li Auto CEO looks down on local peers, arguing that their sales are so low that they don't deserve to be taken seriously.

Shenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot sellers, the brand's CEO said.

Nio maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li.

BYD aims to sell at least 3 million vehicles this year and strive to reach 3.6 million, said Wang Chuanfu, its chairman and president.

Seres and Huawei will jointly launch a new vehicle platform, the first flagship model of which is scheduled for release in 2023.

Neta is undergoing a supply chain restructuring to address the Neta S capacity shortage, which is expected to be completed in the next 2-3 months.

Zeekr is preparing to launch two new models this year, aiming to make them popular once they hit the market, its CEO said.

A facelift of the Xpeng P7 is expected to debut in March, the new SUV G7 is expected to be unveiled at the Shanghai auto show, and an MPV model is scheduled to begin mass production in September, according to local media.

Zeekr plans to start selling vehicles in Europe later this year and is not planning to enter the US consumer market.

Steady-state monthly sales of the Li L9 are expected to be in the 8,000 to 10,000 range, and both the Li L7 and Li L8 are expected to be in the 10,000 to 15,000 range, a Li Auto executive said.