Li Auto Charts Path To 2025, Plans To Triple EV Line-Up

  • Li Auto Inc (NASDAQ:LI) plans to have a model portfolio of 11 vehicles by 2025. Li said the 2025 line-up will likely have one super flagship vehicle, five EREVs, and five HPC BEVs.
  • The company expects to release its city NOA autonomous driving for beta testing in its full-stack self-developed Li AD Max 3.0 in the second quarter of 2023.
  • The EV maker launched its 800-volt fast charging solution, which allows its BEVs to achieve a driving range of 400 kilometers with just a 10-minute charge.
  • LI plans to build over 300 fast charging stations along highways spanning China's four major economic zones by the end of 2023.
  • It also aims to build more than 3,000 supercharging stations by 2025.
  • Also ReadChinese EV Startups Nio, XPeng and Li Auto Disclose March Deliveries — Here's How The Numbers Stack Up
  • Price Action: LI shares are trading lower by 1.72% at $25.68 in premarket on the last check Tuesday.
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