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Li Auto Launches First All-Electric Model, the Mega MPV, in China

The luxury electric minivan, priced at $77,800, aims to compete with high-end petrol MPVs and become a top seller in its segment.

  • Li Auto's first battery EV, the Mega MPV, officially launched in China with a price tag of over RMB 560,000 ($77,800).
  • The Mega MPV features advanced aerodynamics, a large 102.7 kWh battery pack, and can charge 500km (311 miles) in just 12 minutes.
  • Li Auto aims to sell 800,000 vehicles this year, with the Mega MPV expected to be a top seller among luxury vehicles priced above RMB 500,000.
  • The electric minivan is equipped with luxury amenities such as reclining captain chairs, a fold-flat seat, a rear fold-down movie screen, and a tiny refrigerator.
  • Li Auto delivered 376,030 vehicles in 2023, aiming to challenge Tesla in China's premium EV market with its new all-electric model.
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