Chinese automaker Li Auto proudly announced the successful production of its 500,000th electric vehicle model at its Changzhou factory on September 25.
The jubilee car is the Li L7 model, CnEVPost reports.
Li Auto’s production progress
Li Auto’s first-ever production car, Li One, departed the production line in November 2019. That said, the automaker took a total of 47 months to produce its first half-million model.
In hindsight, Li Auto also reported its 400,000th production milestone a hundred days before the latest announcement.
According to the report, Li Auto sold 34,914 units in August. It boosted the brand’s total sales to 465,499 units.
Li Auto reportedly aims to beat the 40,000-unit delivery target in Q4 2023 with its L-series EREV models.
Product portfolio
Li Auto currently has a handful of electric vehicle offerings, including the five-seat Li L7, and the six-seat Li L8 and Li L9. These models are extended-range electric vehicles (EREVs) or plug-in hybrids.
Notably, Li Auto initially developed and produced its maiden car, Li One EREV. However, the automaker phased out the model in 2022 with a total of more than 210,000 unit sales.
Meanwhile, Li L9 debuted under the L-series on June 21, 2022. The Li L8 followed on September 30, 2022, while the Li L7 launched on February 8, 2023.
Li Auto to launch its first BEV model
Li Auto aims to expand its portfolio with its first all-electric model, Li Mega, in December. The brand expects the model to dominate its sales records when it arrives in the market. It will have a base price of more than 500,000 Chinese yuan ($68,400), Li Auto hints.
Excitingly, the new BEV model’s display units will land in dealership stores in January 2024. Meanwhile, deliveries will begin the following month.
Li Auto plans to produce the new Li Mega at its production plant in Beijing. In fact, it already started the trial production at its headquarters.
However, the company has yet to disclose the official specifications of the new all-electric model.
See Also:
- Li Auto plans to launch its first BEV model in December
- Tesla looking for $100M government funding to develop semi-charging route from Texas to California
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- Musk-led automaker files lawsuit against Australian firm Cap-XX over battery tech
- Li Auto files to build 3 existing EREVs at new Beijing factory amid capacity shortage
Apart from product portfolio expansion, Li Auto also aims to boost its Supercharging network in its home market, with plans to launch 300 new stations by the end of the year.
