Li Auto Inc. Unveils Li MEGA at Auto Guangzhou 2023
November 17 2023 - 5:30AM
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015),
a leader in China’s new energy vehicle market, today announced that
the Company unveiled Li MEGA, its high-tech flagship family MPV, at
the 21st Guangzhou International Automobile Exhibition (“Auto
Guangzhou 2023”).
The preview of Li MEGA at the Auto Guangzhou
2023 touched upon its superior performance across safety, BEV
technologies, interior space, drivability, and comfort, as well as
contour design. To learn more about Li MEGA, please visit the
Company’s official website at
https://www.lixiang.com/en/mega#MEGA.
Li MEGA is open for reservations starting from
November 17, 2023. Its retail price is expected to be below
RMB600,000. The Company will officially launch Li MEGA in December
2023, with showroom models available in Li Auto retail stores
starting in January 2024 and delivery of Li MEGA commencing in late
February 2024.
The orders for Li MEGA have exceeded 10,000 in 2
hours since the vehicle was available for reservations,
demonstrating its outstanding appeal to family users. Each Li MEGA
order requires a deposit of RMB5,000, which is refundable within a
limited time period.
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 current model lineup
includes Li MEGA, a high-tech flagship family MPV, Li L9, a
six-seat flagship family SUV, and Li L8, a six-seat premium family
SUV, as well as Li L7, a five-seat flagship family 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,” “targets,”
“likely to,” “challenges,” 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
Piacente Financial CommunicationsBrandi
PiacenteTel: +1-212-481-2050
+86-10-6508-0677Email: Li@tpg-ir.com
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