Li Auto-W Shares Surge Over 6% as L9 Livis Launch Nears; AI Transition and New Product Cycle Garner Optimism

Stock News05-14 12:01

Li Auto-W (02015) rose more than 6%, with a gain of 6.11% to HK$78.15 at the time of writing, with a turnover of HK$1.265 billion. The company's new L9 Livis model is set to launch and begin deliveries on May 15. The vehicle features a Starlight Surround Cockpit design, equipped with an ultra-wide panoramic screen, a Magic Mobile Screen, a Safety Island Armrest, and new flagship seats, aiming to create a next-generation flagship cabin with the "highest standard of home." It was officially unveiled at the Beijing Auto Show on April 24. First Shanghai noted that the company is entering a new product cycle for 2026, with rapid production ramp-up for the pure electric i6. The new L9 will launch in the second quarter, and the pure electric flagship i9 will launch in the second half of the year, targeting the high-end pure electric market to expand ASP and gross margin potential. Furthermore, its cash reserves are industry-leading, sufficient to support its AI transition and new product cycle.

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