Li Auto loses its sales crown as Huawei and rivals crowd the EV market
For three consecutive years, Li Auto led sales among China’s new carmakers. Now it faces a sales conundrum. In 2022, Li Auto launched its range-extended L series, which became the driver of its rapid growth. That year, it sold 133,000 vehicles, up 47.2%. The momentum carried into 2023, when annual…
bubmagSeptember 12, 2025