Li Auto unveils photographs of its new Li i8 model, displaying a side-by-side comparison with the Tesla Model X, as announced via Twitter.
In a significant move, Chinese automaker Li Auto has unveiled its first all-electric SUV, the Li i8. The announcement has caused a stir in the market, with the company's shares rising by 4.6% in Hong Kong today, bringing the year-to-date gain to 32%.
The "i" in the name of Li Auto's all-electric SUVs stands for "intelligence", while the "L" in its EREVs (Extended-Range Electric Vehicles) stands for "Leading". Li Auto is one of the major players in the Chinese market for EREVs, currently selling mainly L-series vehicles, including the Li L6, Li L7, Li L8, and Li L9, all of which are SUVs.
The Li i8 has been compared to the Li L9 and Li Mega in newly released images. The latest images show the front end of the Li i8 styled somewhat similarly to the Tesla Model our X, suggesting a design that follows in the footsteps of the popular electric SUV. However, the Li i8 is longer and taller than the Model our X, suggesting more interior space.
The Tesla Model X offers significantly more interior space compared to the Li i8. The Model X, a midsize SUV with spacious cabins and third-row seating options, boasts a cargo volume of 26 cubic feet and an overall interior volume of approximately 120 cubic feet. In comparison, the Li i8, a luxury electric sedan, will naturally have a tighter and more compact interior environment, offering less cargo volume and passenger room than an SUV, especially in rear and headroom space.
| Feature | Tesla Model X | Li i8 (Luxury Electric Sedan) | |---------------------|--------------------------------------|-----------------------------------| | Interior Volume | ~120 cubic feet | Smaller; typical sedan size | | Cargo Volume | 26 cubic feet | Less than Model X (sedan trunk) | | Seating Capacity | 5 (with available third row options) | Usually 4-5 | | Front Head & Leg Room | 41.7" head / 41.1" leg | Less spacious than Model X | | Rear Passenger Space | Includes third-row legroom options | Limited rear space typical of sedans |
The Li i8 could be a three-row, six-seat model, based on Li Auto's naming pattern for its other models. However, specific interior dimensions for the Li i8 are not provided at this time.
The announcement of the Li i8 boosted investor optimism, causing a 12.52 percent increase in Li Auto's Hong Kong-traded shares at the close of trading yesterday. On March 1, 2024, Li Auto launched the Li Mega MPV, its first BEV (battery-electric vehicle), marking another significant step in the company's electric vehicle journey. The Li i8 is the second all-electric vehicle launched by Li Auto, following the Li Mega MPV.
Li Auto's founder, chairman, and CEO announced the meaning behind the names of the Li i8 and its all-electric SUVs on Weibo, stating that the "i" stands for "intelligence" and the "L" stands for "Leading". The company compared the Li i8 to the Model our X on Weibo, suggesting the Model our X as a worthy example to follow.
As Li Auto continues to expand its electric vehicle lineup, the Li i8 marks an exciting addition to the market. With its focus on intelligence and leading technology, the Li i8 is poised to make a significant impact in the competitive electric vehicle landscape.
- Li Auto's first all-electric SUV, the Li i8, carries the 'i' to symbolize 'intelligence', while the 'L' in its EREVs represents 'Leading'.
- The Chinese automaker, Li Auto, is a significant player in the market for Extended-Range Electric Vehicles (EREVs), offering models like the Li L6, Li L7, Li L8, and Li L9, all SUVs.
- The Li i8 has been likened to the Li L9 and Li Mega, with its front end resembling the Tesla Model X, although it's longer and taller, suggesting more interior space.
- Tesla's Model X, on the other hand, offers significantly more interior space compared to the Li i8, with spacious cabins, third-row seating options, and a cargo volume of 26 cubic feet.
- The Li i8, being a luxury electric sedan, will have a tighter and more compact interior environment, offering less cargo volume and passenger room than an SUV, especially in rear and headroom space.
- The Li i8 could potentially be a three-row, six-seat model, based on Li Auto's naming pattern for its other models, although specific interior dimensions are not yet provided.
- The announcement of the Li i8 sparked a 12.52% increase in Li Auto's Hong Kong-traded shares, marking the Li i8 as the second all-electric vehicle launched by Li Auto, following the Li Mega MPV.
- Li Auto's founder and CEO asserted on Weibo that the 'i' signifies 'intelligence' and the 'L' means 'Leading', comparing the Li i8 to the Model our X, suggesting that the Model our X sets a worthy example to follow.
