Latest news with #Lii8
South China Morning Post
2 days ago
- Automotive
- South China Morning Post
Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China
Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV to affluent families on the mainland, as competition in the world's largest automotive market continues to escalate. Beijing -based Li Auto, one of the only three profitable electric vehicle (EV) makers in mainland China, on Tuesday unveiled the Li i8 – built with autonomous driving technology and a digital cockpit – that would be priced from 321,800 yuan (US$44,889) to 369,800 yuan, with its basic edition able to travel as far as 720km on a single charge. The Li i8 also comes installed with custom refrigerators and plush sofa-like seats, which are expected to elevate passenger comfort and add another dimension to the features inside a luxury EV. 'Li Auto wants to make itself distinct from other carmakers,' founder and CEO Li Xiang told the online audience at the Li 18's virtual launch. 'We envision building a mobile home for our clients, creating a comfortable space for them when driving.' Li Auto, founded in 2015, will start delivering the new vehicle to mainland customers from August 20.
South China Morning Post
2 days ago
- Automotive
- South China Morning Post
Li Auto launches six-seat electric SUV in pre-emptive strike against Tesla in China
Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV to affluent families on the mainland, as competition in the world's largest automotive market continues to escalate. Beijing -based Li Auto, one of the only three profitable electric vehicle (EV) makers in mainland China, on Tuesday unveiled the Li i8 – built with autonomous driving technology and a digital cockpit – that would be priced from 321,800 yuan (US$44,889) to 369,800 yuan, with its basic edition able to travel as far as 720km on a single charge. The Li i8 also comes installed with custom refrigerators and plush sofa-like seats, which are expected to elevate passenger comfort and add another dimension to the features inside a luxury EV. 'Li Auto wants to make itself distinct from other carmakers,' founder and CEO Li Xiang told the online audience at the Li 18's virtual launch. 'We envision building a mobile home for our clients, creating a comfortable space for them when driving.' Li Auto, founded in 2015, will start delivering the new vehicle to mainland customers from August 20.
Yahoo
3 days ago
- Automotive
- Yahoo
Li Auto Debuts Li i8 Electric SUV With Ultra-Fast Charging
Li Auto (NASDAQ:LI) shares gave up their earlier gains on Tuesday following the official launch of its new six-seat battery electric vehicle (BEV) family SUV, the Li i8. Despite marking a significant expansion of the company's EV portfolio and showcasing advanced technology, the announcement failed to sustain the stock's recent upward momentum. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Great Rates and Award-Winning Service The company announced that it had officially launched the Li i8, a six-seat battery electric family SUV that redefines family mobility by blending off-road capability, sedan-like handling, and MPV-level marks a bold expansion of the company's EV lineup, with deliveries set to begin on August 20, 2025. Built on Li Auto's new high-voltage BEV platform, the Li i8 features an in-house electric drive system, 5C supercharging battery packs with up to 720 km CLTC range, and access to the largest supercharging network among Chinese automakers. The SUV supports ultra-fast charging, adding 500 km in just 10 minutes. Li Auto engineered the Li i8 with advanced safety systems, including multi-path energy absorption structures, LiDAR sensors, and AES technology. All trims also feature high-level assisted driving systems, Li AD Pro and Li AD Max, powered by Horizon Robotics and Nvidia (NASDAQ:NVDA) chips. The Max trim will also debut Li Auto's proprietary VLA driver model with AI-powered reasoning and memory. Inside, the Li i8 delivers a smart, spacious, yacht-inspired cabin equipped with the intelligent Li Xiang Tong Xue Agent. Powered by MindGPT, the agent can operate nearly all vehicle functions, execute complex tasks like scanning QR codes or food pickups, and adapt to individual users with Face ID and personalized memory. Li Auto also announced a brand upgrade, pledging to create high-quality, private in-car spaces for families. However, the excitement surrounding the new model contrasts with a slowdown in the company's overall performance. Li Auto reported a year-over-year decline in June 2025 deliveries, which totaled 36,279 units, a 24.1% decrease amid intensifying competition in China's electric vehicle market. Despite this, the company managed to surpass its revised second-quarter guidance, delivering 111,074 vehicles, a modest 2.4% increase from the same period last year. Li Auto had lowered its second-quarter forecast in late June, citing temporary disruptions caused by sales system upgrades. Nonetheless, it outperformed expectations, with cumulative deliveries reaching 1.34 million by the end of June. The recent slowdown in deliveries and heightened competitive pressures coincide with the market entry of more affordable electric SUVs, notably Xiaomi's (OTC:XIACY) YU7. This has intensified pricing and market share battles across China's dynamic EV landscape, impacting established players like Tesla (NASDAQ:TSLA) and Li Auto alike. Price Action: LI stock is trading lower by 5.75% to $27.50 at last check on Tuesday. Photo by Robert Way via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Li Auto Debuts Li i8 Electric SUV With Ultra-Fast Charging originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Automotive
- Yahoo
Li Auto Inc. Launches Li i8, a Six-Seat Battery Electric Family SUV
BEIJING, China, July 29, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. ('Li Auto' or the 'Company') (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today officially launched Li i8, a six-seat battery electric family SUV. As an SUV of the new era, Li i8 combines the all-terrain capabilities of off-road vehicles, the handling dynamics of sedans, and the comfort of MPVs, redefining family mobility with an all-new driving and riding experience. Li i8 offers three trims: Pro, Max and Ultra, which will retail for RMB321,800, RMB349,800 and RMB369,800, respectively. Deliveries of Li i8 will commence on August 20, 2025. Below is an overview of Li i8. For more details, please visit Li Auto's official website. A New High-Voltage BEV Platform Li Auto has developed a new high-voltage battery electric platform for Li i8, featuring an in-house developed electric drive system, 5C battery pack, and a nationwide 5C super charging network. 1) Proprietary Electric Drive System: Ultra-Quiet, Ultra-Efficient Li Auto's in-house developed electric drive system is designed to minimize noise and energy consumption. Its proprietary rotor-stator structure and transmission system can effectively reduce vibration and noise inside the Li i8 cabin, achieving industry-leading cabin quietness. Additionally, Li i8's electric drive system incorporates in-house developed silicon carbide power chips and modules, offering high efficiency, low losses, and rapid heat dissipation for enhanced energy savings. Li Auto also built its own motor factory to ensure the full implementation of in-house technologies. Switch Auto Insurance and Save Today! Great Rates and Award-Winning Service The Insurance Savings You Expect Affordable Auto Insurance, Customized for You 2) In-House Developed Ternary Lithium 5C Super Charging Battery Pack Li i8 is equipped with 90.1 kilowatt-hours and 97.8 kilowatt-hours ternary lithium 5C super charging battery pack options. With all-wheel drive offered as standard, Li i8 achieves a CLTC range of 670 kilometers and 720 kilometers for the 90.1 kilowatt-hours and 97.8 kilowatt-hours battery pack options, respectively. The in-house developed drive motor and low-drag design contribute to Li i8's industry-leading range attainment rate. Paired with an industry-leading battery thermal management system, Li i8 ensures sustained high-power charging, achieving a 500-kilometer driving range with just 10 minutes of charging. Furthermore, based on the Company's battery lifespan tests, Li i8's battery health remains above 80% after 1,500 full charge-discharge cycles in super charging mode. 3) The Largest Super Charging Network Among Chinese Automakers To support the rollout of BEVs, Li Auto has built the largest super charging network among Chinese automakers, with 3,000 super charging stations in operation. This network includes approximately 1,000 highway stations covering nine major east–west and nine major north–south highway routes, with an average spacing of about 150 kilometers, along with 2,000 urban stations across over 250 Design Li i8's avant-garde yacht-inspired design achieves low drag, exceptional space utilization, and outstanding visibility. With a drag coefficient of 0.218, the vehicle delivers reduced wind noise and energy consumption. As a large SUV with dimensions of 5,085 millimeters in length, 1,960 millimeters in width, 1,740 millimeters in height, and a 3,050-millimeter wheelbase, its interior space surpasses that of many full-size SUVs. Additionally, Li i8 provides every family user on board with excellent visibility. SUV of a New Era The combined strengths of its outstanding off-road capabilities, handling, and spaciousness position Li i8 as an exceptional SUV for a new era. Li i8 boasts an off-roader's passability, slope-climbing power, and ability to handle rough terrains. In terms of off-road performance, the Li i8 comes standard with a dual-chamber Li Magic Carpet air suspension, offering four adjustable height settings and a maximum ground clearance of 196 millimeters. Additionally, Li i8 is equipped with a dual-motor, all-wheel drive system in the standard configuration across all trims, enabling it to handle a wide range of challenging road conditions. Li i8 delivers sedan-like handling stability, performance, and ease of entry and exit through its battery electric low-center-of-gravity design, a body torsional stiffness of 49,500 Nm/degree, front double-wishbone and rear five-link suspension, a 0-100 km/h acceleration as quick as 4.5 seconds, and a minimum second-row side sill ground clearance of 401 millimeters. Li i8 offers MPV-like premium spaciousness and comfort. Its new wraparound-style seats feature optimized backrest and cushion surfaces, delivering enhanced support and hugging comfort. Li i8 also features a zero-gravity seat on the right side of the second row, a third row comparable to top MPVs, and a trunk depth of 565 millimeters when all three rows are in use, easily meeting the travel needs of large families. Li i8 can also be equipped with a large floating table, delivering an experience rivaling that of the Li MEGA. Industry-Leading Safety Capabilities For passive safety, Li i8 adopts a multi-path force transmission design in the front compartment, featuring three longitudinal force transmission paths to enhance energy dispersion during frontal collisions. The front compartment integrates 11 circular energy-absorbing structures, which effectively absorb and dissipate collision energy, ensuring overall vehicle safety and significantly enhancing the structural integrity of the occupant cabin. Li i8 also features comprehensive airbag protection with extended side curtain airbags and door handles designed to remain unlockable even in power failures. It is also engineered to meet stringent eco-health standards. Additionally, its battery has undergone rigorous safety testing under extreme conditions such as submersion and freezing, complying with rigorous safety protocols. On active safety, all Li i8 trims come standard with LiDAR sensors and are equipped with enhanced automatic emergency steering (AES) to effectively mitigate collision risks from other vehicles. An All-New Assisted Driving and Smart Space Experience In terms of assisted driving, Li i8 Pro comes standard with the Li AD Pro assisted driving system, equipped with a Horizon Robotics J6M chip delivering total computing power of 128 TOPS. The Li i8 Max and Ultra models are equipped with the advanced Li AD Max assisted driving system, featuring an NVIDIA Thor-U chip with a total computing power of 700 TOPS. With the launch of urban NOA on the Horizon Robotics J6M platform by year-end, the assisted driving capabilities of Li AD Pro will be significantly enhanced. The Li AD Max will integrate Li Auto's self-developed VLA driver large model, which possesses understanding, reasoning, memory, and communication capabilities, evolving through reinforcement learning into an increasingly intuitive personal driver. Combining spatial intelligence, linguistic intelligence, and behavioral strategies, the VLA driver large model leverages a human-like technical architecture to deliver notable improvements in safe driving, smoothness and comfort, three-point turns, continuous task execution, and underground parking. The development of the VLA driver large model benefited from Li Auto's R&D advantages in data, algorithms, computing power, and engineering capabilities, including optimized data allocation, the use of generated data, high model evaluation efficiency, a closed loop of reinforcement learning, as well as increasing investments in computing power, robust quantitative accuracy, and multi-platform deployment capabilities. The VLA driver large model will be fully rolled out to AD Max models equipped with Orin-X and Thor-U chips alongside the delivery of Li i8. In terms of smart space, Li Auto's in-house foundation model MindGPT-powered Li Xiang Tong Xue has evolved from a voice assistant to Li Xiang Tong Xue Agent. It can independently utilize tools, resolve complex tasks, and possess personalized memory. Nearly all in-vehicle functions of Li i8 have undergone tool-based integration for Li Xiang Tong Xue Agent, including electric air vents for climate control and windshield wipers. For complex tasks, Li Xiang Tong Xue Agent leverages Li Auto's advanced model capabilities to understand user intent and achieve goals efficiently. For example, it can autonomously invoke tools like the Meituan app to fulfill in-store food pickup requests or activate the vehicle's external cameras to scan QR codes in parking lots for payment. Examples also include the industry-first Desktop Master functionality that enables user-programmable code generation and the creation of tools, content, and services. Furthermore, with the June rollout of Face ID and the new family account system, Li Xiang Tong Xue Agent can remember information about each individual to deliver personalized experiences while ensuring data security—making daily use more convenient, thoughtful and emotionally resonant for every family member. Brand Upgrade At the launch event, Li Auto announced its brand upgrade, committing to providing a high-quality home, a premium private space for a diverse range of consumers while meeting the needs of family users. The Company will uphold its brand value proposition of 'private space, deep connection, and cherished experience,' while continuing to invest in products and intelligence. Through the creation of sophisticated, liberating, and distinctive mobile spaces, Li Auto aims to fulfill its mission: Create a Mobile Home, Create happiness. About Li Auto Inc. Li Auto Inc. is a leader in China's new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Create a Mobile Home, Create Happiness (创造移动的家,创造幸福的家). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. Its current model lineup includes a high-tech flagship family MPV, four Li L series extended-range electric SUVs, and one Li i series battery electric SUV. The Company will continue to expand its product lineup to target a broader user base. For more information, please visit: Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'targets,' 'likely to,' 'challenges,' and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the 'SEC') and The Stock Exchange of Hong Kong Limited (the 'HKEX'), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Li Auto's strategies, future business development, and financial condition and results of operations; Li Auto's limited operating history; risks associated with extended-range electric vehicles and high-power charging battery electric vehicles; Li Auto's ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto's ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto's ability to compete successfully; Li Auto's ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto's vehicles; Li Auto's ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto's filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Li Auto RelationsEmail: ir@ Christensen AdvisoryRoger HuTel: +86-10-5900-1548Email: Li@ Photos accompanying this announcement are available at
Yahoo
02-07-2025
- Automotive
- Yahoo
Is NIO on Track to Meet its 2025 Vehicle Deliveries Target?
China's electric vehicle (EV) maker NIO Inc. NIO has announced its June and Q2 vehicle delivery numbers. The company sold 24,925 units last month, reflecting growth of 17.5% year over year. For the three months ended June, it delivered 72,056 vehicles, within the company's guided range and up 25.6% from the year-ago quarter. In the second quarter, the namesake brand sold 47,132 cars, representing a decline of approximately 18% from the same quarter in 2024. Meanwhile, ONVO and Firefly brands delivered 17,081 and 7,843 units, respectively. ONVO—NIO's mass-market brand—commenced deliveries last September with the model L60 SUV. The second model under the brand, L90, is scheduled to commence deliveries in the current quarter. Meanwhile, Firefly—NIO's smaller premium EV brand— began deliveries in April. ONVO and Firefly brands have diversified NIO's product portfolio, with sales gaining momentum. However, their growth is seemingly coming at the cost of NIO's namesake brand. This is concerning and also raises doubts about the company's full-year delivery goals. In the first half of 2025, the company sold 114,150 vehicles, representing an increase of more than 30% from the year-ago period. While that may look impressive on the surface, the growth isn't sufficient to meet its big goals. NIO aims to double sales in 2025 from 221,970 units delivered last year. For that, NIO will have to deliver somewhere around 330,000 vehicles in the second half. That translates to an average monthly run rate of 55,000 EVs. And this seems quite challenging at the moment. NIO will most likely miss its vehicle delivery target for 2025. Li Auto LI delivered 36,279 units last month and 111,074 vehicles in the second quarter of 2025. While Li Auto's delivery numbers are higher than NIO's, its growth rate was quite modest at 2.3%. Deliveries of the Li MEGA Home began in late May, with production ramping up quickly as orders far surpassed expectations. Li Auto plans to launch Li i8 this month and Li i6 in September, which are expected to boost deliveries. Meanwhile, XPeng Inc. XPEV continues with its delivery growth momentum. Last month, XPeng delivered 34,611 smart EVs, marking a whopping 224% increase year over year. With that, XPeng's deliveries surpassed the 30,000 mark for the eighth straight month. In Q2'25, the company sold 103,181 cars, setting a new quarterly record. NIO significantly trailed behind Li Auto and XPeng in the second-quarter delivery numbers. Shares of NIO have lost around 19% year to date compared with the industry's decline of 8%. Image Source: Zacks Investment Research From a valuation standpoint, NIO trades at a forward price-to-sales ratio of 0.45. It carries a Value Score of D. Image Source: Zacks Investment Research Take a look at how the Zacks Consensus Estimate for NIO's earnings has been revised over the past 90 days. Image Source: Zacks Investment Research NIO stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
