Li Auto-W (02015) shares soared more than 6% during afternoon trading, extending a robust rally. At press time, the stock held a 4.77% gain at HK$118.5, with trading volume reaching HK$2.276 billion. The surge follows the automaker's announcement that pre-orders for its inaugural pure-electric SUV, the i8, are now live. Priced between RMB 350,000 and RMB 400,000, the model's official pricing will debut on July 29, with deliveries commencing late August. Market anticipation runs high for this flagship EV.
Concurrently, Li Auto revealed the completion of its "Nine Vertical Nine Horizontal" expressway supercharging network core corridors after a 27-month development push. Yangtze River Securities highlights a critical market gap: the scarcity of premium electric SUVs above RMB 300,000, exacerbated by consumer range anxiety. Li Auto strategically targets this void through accelerated charging infrastructure deployment in high-EV-adoption regions and along critical highways.
The automaker's EV offerings further capitalize on inherent advantages: spacious interiors coupled with lower ownership and maintenance costs. These features significantly boost competitiveness, as evidenced by the successful revamp of its Mega model. Analysts project substantial growth potential for Li Auto's electric vehicle sales trajectory, citing the brand's precision in addressing industry pain points.
