China's Li Auto Revamps New Electric SUV One Week After Launch

Reuters
Yesterday

BEIJING, Aug 5 (Reuters) - Chinese carmaker Li Auto said on Tuesday it will harmonise three variants of its i8 electric SUV to a single version with a price point of 339,800 yuan ($47,300), a week after the line-up's launch on July 29.

Li Auto shares jumped 4% on the news in overnight trading.

The updated version will be based on the previous i8 Max's configuration, which include a 720-km range, and be 10,000 yuan cheaper than the Max's 349,800 yuan price tag, Li Auto said in a post on social media WeChat.

($1 = 7.1820 yuan)

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