China's Li Auto Set to Launch First Fully Electric EV in March

China's Li Auto Inc announces plans to launch and begin deliveries of its first fully electric car in March.

ADVERTISEMENT

Li Auto's First Fully Electric Car Launch

China's Li Auto Inc has revealed that it expects to launch and start delivering its first fully electric car in March. This announcement marks an important step for the company as it expands its lineup of electric vehicles.

Li Auto has already begun accepting pre-orders for its MEGA multi-purpose vehicle (MPV) in China. The estimated price for the car is under 600,000 yuan ($84,533.24). This move is aligned with the company's goal to cater to the growing demand for electric vehicles in the Chinese market.

The MEGA MPV will be the first model to be produced at Li Auto's Beijing plant, which has a design capacity of 100,000 units per year. The production of this fully electric car signifies the company's commitment to sustainable mobility and reducing carbon emissions.

Li Auto's Current Product Lineup

Li Auto, founded in 2015, currently offers four extended range hybrid SUVs designed for family users. These SUVs are priced above 300,000 yuan and have gained popularity among consumers seeking environmentally friendly transportation options.

In the first 10 months of this year, Li Auto ranked seventh in terms of sales volume among electric and hybrid car manufacturers in China. While the company has established a strong presence in the domestic market, it has not revealed any plans to expand its sales overseas. Li Auto remains focused on serving its customers in China and meeting the increasing demand for electric vehicles in the country.

Looking Towards the Future

As Li Auto gears up for the launch of its first fully electric car, the company is positioning itself as a key player in China's electric vehicle market. With its established reputation and growing product lineup, Li Auto is well-equipped to capitalize on the increasing demand for electric vehicles in the country.

The success of Li Auto's fully electric car launch in March will be a significant milestone for the company and a testament to its commitment to innovation and sustainability. As consumers continue to embrace electric mobility, Li Auto aims to provide high-quality, eco-friendly vehicles that meet the needs of modern drivers.