China’s Li Auto on Thursday launched its smallest mannequin ever: an extended-range hybrid crossover that it hopes will contribute a big portion of its whole gross sales this yr. The transfer comes simply weeks after the electrical car maker witnessed a disappointing launch of its first all-electric mannequin. The L6 midsize sport utility car measures 4.9 meters in size and spans a 2,920-millimeter-long wheelbase, whereas carrying an reasonably priced lithium iron phosphate (LFP) battery pack, which permits a driving vary of 1,390 kilometers (864 miles) on a full cost and tank. By comparability, all its bigger siblings, together with the L7, L8, and L9, are powered by extra energy-dense, cobalt and nickle-based battery packs, and most variants include a 15.7-inch rear show which the corporate faraway from the L6.
Priced from RMB 249,800 ($34,497), the five-seater targets youthful and fewer prosperous Chinese language households, and will face large competitors from the Aito M7 and the brand new M5, because it measures between the 2 Huawei-developed fashions in measurement and lands at an identical worth. Huawei-backed Aito has delivered greater than 120,000 models of the revamped M7 because it went on sale final September, and stated on Wednesday it has acquired greater than 10,000 reservations for the redesigned M5, which is able to formally hit the market subsequent week. Li Auto expects the L6 to attain month-to-month deliveries of greater than 30,000 models, and has lower its annual gross sales goal by 20% to 640,000 models at most for this yr, after it bought a poor reception for its Mega battery van. [TechNode reporting, Li Auto release]