Li Auto-W (2015.HK) shares surged over 6% in afternoon trading, with gains moderating to 4.77% at press time to HK$118.5. Trading volume reached HK$2.276 billion.
The automaker announced pre-orders opening for its Li i8 model, projected to be priced between ¥350,000 and ¥400,000 ($48,000-$55,000). Official pricing will be revealed on July 29, with deliveries commencing in late August. As Li Auto's inaugural pure-electric SUV, this model has drawn significant market attention.
Concurrently, Li Auto completed its "Nine Vertical Nine Horizontal" expressway supercharging network after 27 months of development, achieving full coverage along core routes. Analysts noted the scarcity of popular pure-electric SUV models priced above ¥300,000 due to persistent consumer concerns about range anxiety and charging infrastructure.
Li Auto strategically addresses these pain points by prioritizing charging facility deployment in high-penetration regions and along expressways. The brand's pure-electric models offer competitive advantages including spacious interiors and lower operating costs. Following the successful redesign of its Mega series, institutions anticipate substantial growth potential for Li Auto's pure-electric vehicle sales.
