On August 12, Li Auto, an NEV automaker in China, successfully went public in Hong Kong. The company's Class A ordinary shares began trading on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) under the stock code "2015”.
Li Auto delivered 8,589 Li ONEs in July 2021, increased by 251.3% year over year, making a breakthrough at 8,000-vehicle single-month deliveries for the first time while hitting a new record. As of July 31, 2021, total deliveries in 2021 reached 38,743, bringing cumulative deliveries of Li ONE to 72,340. All of the delivered vehicles were manufactured in the company’s Changzhou base, which is located in the Wujin National High-Tech Industrial Zone.
The company is developing its X platform, which succeeds the existing EREV platform for Li ONE, and is equipped with its next-generation EREV powertrain system. The company plans to launch the first product on its X platform, a full-size premium extended-range electric SUV, in 2022, and to launch two additional SUVs on its X platform in 2023.
Li Auto is investing heavily in the HPC (High-power Charging) BEV technologies. The company is developing two platforms, Whale and Shark, for its future HPC BEVs. Starting from 2023, it plans to launch at least two new HPC BEV models each year.
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