China's Li Auto aims to nearly triple electric model line-up ...

08 Jul.,2024

 

China's Li Auto aims to nearly triple electric model line-up ...

China's Li Auto aims to nearly triple electric model line-up to 11 by

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People stand near the logo of Chinese EV maker Li Auto at a product launch event in Beijing

SHANGHAI (Reuters) -Chinese electric vehicle (EV) maker Li Auto Inc said on Tuesday it plans to expand its line-up to 11 models by , up from four currently, targeting the market for vehicles priced at 200,000 yuan ($29,100) and higher.

Speaking on the sidelines of the Shanghai auto show, Li Auto's president and chief engineer Ma Donghui said the line-up by will include one flagship model, five range-extended electric models and five high-voltage pure electric models.

Li Auto makes the Li One sport utility vehicle (SUV), one of the best-selling cars in China, the world's biggest auto market. The company delivered 257,334 vehicles in total in , its other models being the L7, L8 and L9, also SUVs.

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The company also said that it plans to complete the construction of over 300 high-speed supercharging stations across China's four major economic belts, including the Yangtze River Delta and the Beijing-Tianjin-Hebei region, by the end of this year.

By , it aims to build more than 3,000 supercharging stations across China, which would cover 90% of the country's major cities and highways.

($1 = 6. Chinese yuan renminbi)

(Reporting by Zhuzhu Cui, Albee Zhang and Brenda Goh; Editing by Christopher Cushing and Kenneth Maxwell)

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