The Li L6, primarily based on Li Auto’s second-generation extended-range platform, is a premium mid-to-large-size five-seat SUV aimed toward younger households, it stated.
(Photograph of Li L6 from a regulatory submitting.)
Li Auto (NASDAQ: LI) is about to roll out its lower-priced new mannequin in an try to take care of the sturdy gross sales efficiency it has seen over the previous 12 months.
The Li L6, a luxurious mid-to-large-size five-seat SUV designed for younger households, will “quickly be launched”, Li Auto stated right now on Weibo.
The corporate revealed the plan in a press release about clarifying the suspension construction that might be used within the Li L6.
Current rumors urged that the Li L6 would have a MacPherson suspension construction, which Li Auto denied, saying that the mannequin has a entrance double wishbone coupled with a five-link rear suspension construction generally utilized in premium mid-to-large-size SUVs.
(Chassis construction of the Li L6. Picture credit score: Li Auto)
The Li L6 has a minimal floor clearance of 180 mm, which is 4 mm greater than the air-suspension-equipped 2024 Li L7, Li L8, and Li L9, Li Auto stated.
The mannequin is predicated on Li Auto’s second-generation extended-range electrical automobile (EREV) platform, which took three years to develop and concerned an funding of greater than 2 billion yuan ($276 million), it stated.
The corporate additionally constructed a brand new manufacturing line for the Li L6, which is situated within the discontinued Li One’s Changzhou manufacturing base, which can be producing the Li L7, Li L8, and Li L9, it stated.
(Li Auto’s Changzhou manufacturing base.)
Li Auto’s present fashions on sale embrace the L-series Li L7, Li L8, and Li L9, all of that are EREVs. It launched the Li Mega MPV (Multi-Objective Automobile) on March 1, its first battery electrical automobile (BEV) mannequin.
The Li L6 would be the least costly of Li Auto. The present lowest priced Li Auto mannequin is the Li L7, beginning at RMB 301,800 for the 2023 Air model and RMB 319,800 for the 2024 Professional model.
On September 22, 2022, Li Auto stated it could launch the Li L6, a mid-size five-seat SUV priced inside RMB 300,000, its first point out of the mannequin.
Li Auto will launch the Li L6 within the second quarter, and within the second half of the 12 months it is going to launch three all-electric SUV fashions with commonplace 5C charging in addition to a four-wheel-drive powertrain, the corporate’s administration stated in a February 26 earnings name.
Waiting for the following 5 years, no mannequin in Li Auto’s lineup might be priced beneath 200,000 yuan, its administration stated.
The Li L6 appeared in a regulatory submitting catalog on January 15, exhibiting the mannequin measuring 4,925 mm in size, 1,960 mm in width and 1,735 mm in peak, with a wheelbase of two,920 mm.
For comparability, the Li L7 has a size of 5,050 mm, a width of 1,995 mm, a peak of 1,750 mm and a wheelbase of three,005 mm.
Li Auto was initially focusing on gross sales of 800,000 autos in 2024, however with the Li Mega falling wanting expectations in its preliminary launch, the goal might be tough to satisfy.
Li Auto now expects to promote between 560,000 and 640,000 items for the total 12 months of 2024, down from the earlier determine of 650,000 to 800,000, native media outlet Xchuxing stated in a March 21 report citing a minute from one of many firm’s conferences.
The corporate delivered 28,984 autos in March, up 43.12 % from 20,251 in February and up 39.19 % from 20,823 a 12 months in the past.
The deliveries have been nonetheless decrease than January’s 31,165 autos. February 10-17 was this 12 months’s Chinese language New 12 months vacation, which induced vital disruption to carmakers’ deliveries.
($1 = RMB 7.2338)
Li Auto reportedly lowers 2024 gross sales goal to 560,000-640,000 vehicles