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Li Auto Stock Gains 3% As EV Maker Will Launch Lower-Priced Li L6 SUV on Apr 18

Tiger Newspress04-08

Li Auto will officially launch its new Li L6 model in 10 days, with the SUV (sport utility vehicle) expected to be the lowest-priced in the company's lineup.

Li Auto shares gained 3% in premarket trading Monday.

The Li L6's launch event will begin at 8 pm Beijing Time on April 18, the company announced today on Weibo.

The model will be a five-seat luxury SUV built for families, Li Auto said, without providing further details.

Li Auto is China's best-known extended-range electric vehicle (EREV) maker, and its EREVs currently on sale are the Li L7, Li L8, and Li L9, which are the company's sales anchors.

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