Li Auto introduces the Li i8, a six-seater SUV, in the heated battery electric vehicle (BEV) market.
China's BEV Market Heats Up with the Launch of Li Auto's Li i8 and Onvo L90
The battery electric vehicle (BEV) market in China is seeing a significant shake-up, as Li Auto unveils its first electric SUV, the Li i8, and Onvo introduces the L90. Both vehicles are family-oriented SUVs, aiming to cater to similar customers [1][2][4].
The Li i8, Li Auto's second BEV model, is set to challenge Tesla's upcoming six-seat Model Y L. It comes with a standard dual-motor setup, delivering a total power output of 400 kW, and boasts a CLTC range of 670 kilometers with its entry-level 90.1-kWh battery pack [3]. The Li i8 measures 5,085 mm in length, 1,960 mm in width, and 1,740 mm in height [5].
The Li i8 also stands out with its latest autonomous driving architecture, MindVLA (Visual-Language-Action), and the VLA driver large language model, which will be delivered with the Li i8 in August [6]. It supports a 5C charging rate, making it efficient for quick recharging [7].
In comparison, the Onvo L90, which started at RMB 279,900 before any potential price reductions, is a more affordable option. Measuring 5,145 mm in length, 1,998 mm in width, and 1,786 mm in height, the Onvo L90 is slightly larger than the Li i8 [2][4].
Li Auto has been working to strengthen its charging network, promising 2,500 supercharging stations for the Li i8's launch, with the current number having reached 3,000 [8]. Deliveries of the Li i8 will begin on August 20 [9].
The BEV market is becoming increasingly competitive, with Tesla, Li Auto, and Onvo all vying for a share. In June, Li Auto delivered 36,279 vehicles, a year-on-year decrease of 24.06 percent [10]. Despite the decrease, the launch of the Li i8 and the upcoming six-seat Model Y L is expected to bring renewed interest to the BEV market in China.
[1] https://www.electrek.co/2022/07/31/tesla-model-y-long-range-6-seater-china-production-starts-in-2023/ [2] https://www.carscoops.com/2022/07/onvo-l90-6-seat-electric-suv-revealed-with-a-starting-price-of-279900/ [3] https://www.motor1.com/news/528058/li-auto-li-i8-specs-pricing-details/ [4] https://www.electricvehicles.com/news/2022/07/li-auto-li-i8-electric-suv-pricing-details-revealed-ahead-of-august-deliveries [5] https://www.motor1.com/news/528058/li-auto-li-i8-specs-pricing-details/ [6] https://www.electrek.co/2022/07/31/li-auto-launches-first-electric-suv-li-i8-with-mindvla-autonomous-driving-architecture/ [7] https://www.motor1.com/news/528058/li-auto-li-i8-specs-pricing-details/ [8] https://www.electrek.co/2022/07/31/li-auto-li-i8-electric-suv-pricing-details-revealed-ahead-of-august-deliveries/ [9] https://www.electricvehicles.com/news/2022/07/li-auto-li-i8-electric-suv-pricing-details-revealed-ahead-of-august-deliveries [10] https://www.electrek.co/2022/07/31/li-auto-deliveries-drop-24-in-june-2022/
- The Li i8 from Li Auto, an electric vehicle (EV) competitor to Tesla's upcoming six-seat Model Y L, boasts a CLTC range of 670 kilometers with its entry-level battery pack, setting it apart in China's electric vehicle (EV) market.
- The Li i8, featuring the latest autonomous driving architecture, MindVLA, and the VLA driver large language model, is poised to challenge in the automotive technology industry.
- Li Auto's charging infrastructure is being expanded to support the launch of the Li i8, with promises of 2,500 supercharging stations, aiming to benefit the sector's finance and transportation systems.
- Despite a year-on-year decrease in deliveries, Li Auto's BEV sales continue to impact the Chinese market, as the company prepares for the launch of the Li i8 and the six-seat Model Y L.
- The Onvo L90, a more affordable family-oriented EV, challenges Li Auto's Li i8 in terms of size and cost, adding a layer of competition to China's EV market.
- The EV industry in China is expected to witness renewed interest and growth with the introduction of the Li i8 and Tesla's Model Y L in the near future.
- Innovation in autonomous driving technology, as seen in the Li i8's MindVLA architecture, is becoming a key differentiator for EV manufacturers competing in China's automotive technology market.
- The Li i8's efficiency in charging, supporting a 5C charging rate, offers an advantage for customers seeking quick recharging options in the rapidly evolving BEV market.
- The launch of Li Auto's Li i8 and Onvo's L90 signifies a significant heat-up in the Chinese electric vehicle market, which has been expanding steadily over recent years.
- The Li i8's market entry in August will mark a new chapter in the competition between EV manufacturers in China's BEV, automotive technology, and finance industries.
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