Li Auto, the Beijing-based electric vehicle manufacturer, reported a significant increase in vehicle deliveries, with 20,251 vehicles delivered in February, marking a 22% year-over-year growth. The company has set an ambitious target to deliver 50,000 vehicles in March. In a strategic move to address the challenges of range anxiety among battery electric vehicles (BEVs), Li Auto has officially launched its first pure electric vehicle, the Li Mega. This launch comes after several months of delay but positions Li Auto to gain a competitive edge in China, the world's most crowded and competitive car market. The Li Mega, described as a Multi-Purpose Vehicle (MPV), comes with features aimed at attracting wealthy families, including an in-built fridge, highlighting Li Auto's focus on innovation and market differentiation.
CyberVan! Li Auto's Mega MPV launches in China alongside ambitious EV expectations https://t.co/qvaYXl5kvD by @scooterdoll
China’s Li Auto delivers electric minivan with fridge to lure wealthy families https://t.co/LJLlJMAB07
China's Li Auto pins hopes on first all-electric model https://t.co/mUnRcSVI1b https://t.co/XsVmGa9EqO
Beijing-based Li Auto launches its first pure electric vehicle after several months delay Friday as it seeks to gain an edge in China — the world’s most crowded and competitive car market https://t.co/oXhrBhWHLy
Li Auto delivered 20,251 vehicles in February, +22% y/y. $LI aims to deliver 50,000 vehicles in March. Li says scheduled to officially launch Li Mega, which addresses the challenges of range anxiety of BEVs. #China