Li Auto Inc. to Early Launch Li L8, Its Six-Seat, Large Premium Smart SUV, on September 30, 2022
September 22 2022 - 7:28AM
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015),
a leader in China’s new energy vehicle market, today announced that
it will host a launch event to unveil Li L8, the Company’s
six-seat, large premium smart SUV for families priced below
RMB400,000, on Friday, September 30, 2022, ahead of schedule. Li L8
will arrive at the Company’s retail stores nationwide during the
National Day holiday in China and will commence delivery in
early November.
“We decided to move our launch date for Li L8
forward based on overwhelming market response in anticipation of
its release,” commented Yanan Shen, co-founder and president of Li
Auto. “We also aim to provide our potential users with greater
clarity of our planned model roadmap to better facilitate their
purchase decision making. Our L series refers to SUVs based on
our extended-range electric platform. Li L9 is a six-seat,
full-size, flagship smart SUV for families priced below RMB500,000.
Li L8 is a six-seat, large premium smart SUV for families priced
below RMB400,000. The other planned L series models also include Li
L7, a five-seat, large flagship smart SUV for families priced below
RMB400,000, and Li L6, a five-seat, mid-size premium smart SUV for
families priced below RMB300,000. We plan to launch Li L7 and
commence delivery in the first quarter of 2023.”
The Li L8 event will start at 3:00 A.M. U.S.
Eastern Time or 3:00 P.M. Beijing/Hong Kong Time on September 30,
2022, with livestreaming in Chinese accessible on the Company’s
website: https://www.lixiang.com/. Replay with English subtitles
will be available afterwards at
https://www.lixiang.com/en#main.
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 to successfully commercialize
extended-range electric vehicles in China. The Company started
volume production in November 2019. Its model lineup includes Li
ONE, a six-seat, large premium smart electric SUV, and Li L9, a
six-seat, full-size, flagship smart SUV. The Company leverages
technology to create value for its users. It concentrates its
in-house development efforts on its proprietary range extension
system, next-generation electric vehicle technology, and smart
vehicle solutions while expanding its product line by developing
new BEVs and EREVs to target a broader user base.
For more information, please
visit: https://ir.lixiang.com
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,” “likely to,”
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; 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 Inc.Investor RelationsEmail:
ir@lixiang.com
The Piacente Group, Inc.Yang SongTel:
+86-10-6508-0677Email: Li@tpg-ir.com
Brandi PiacenteTel: +1-212-481-2050Email:
Li@tpg-ir.com
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