Li Auto (LI.US) Surges 4% as Company Plans Full Entry into High-End Pure Electric SUV Market

Stock News

09/02

Li Auto (LI.US) climbed 4% on Tuesday to $24.29. On the news front, Li Auto founder and CEO Li Xiang made bold statements on social media on September 1st, announcing that Li Auto will fully enter the high-end pure electric SUV market in 2025, aiming to achieve a "secure fifth, strive for third" sales ranking with monthly sales targets of 18,000-20,000 units.

Li Xiang revealed that Li Auto will primarily rely on three pure electric vehicle models: MEGA, i6, and i8. Among these, MEGA has already achieved monthly sales exceeding 3,000 units, while the i6 targets 9,000-10,000 units per month, and the i8 aims for over 6,000 units monthly.

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