Citi: Li Auto-W's entry into the BEV market can expand its product portfolio, and it is expected that future BEV models will further boost sales
Citi released a research report stating that Li Auto-Wi8 was officially listed on July 29, with prices for three models set at RMB 321,800, RMB 349,800, and RMB 369,800, which is a reduction from the initial pre-sale price of RMB 350,000 to RMB 450,000. The price cut may be due to increasing competition in the SUV market, and as of noon on July 30, the company had not yet released a report on order volume, leading to market concerns about order prospects. Citi believes that entering the BEV market is a challenge for Li Auto, but this move can expand its product portfolio, and it is expected that future BEV models like the i6 will further boost sales
According to the Zhitong Finance APP, Credit Lyonnais released a research report stating that Li Auto-W (02015) officially launched the i8 on July 29, with prices for three models set at RMB 321,800, RMB 349,800, and RMB 369,800, which is a reduction from the initial pre-sale price of RMB 350,000 to RMB 450,000. The price cut may be due to increasing competition in the SUV market, and as of noon on July 30, the company had not yet released a report on order volumes, leading to market concerns about order prospects. Credit Lyonnais believes that entering the BEV market is a challenge for Li Auto, but this move could expand its product portfolio, and it is expected that future BEV models like the i6 will further boost sales
