May 15, 2024

News and Political Commentary

Li Auto Unveils What It Says Is World’s Biggest Electric Car

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Beijing-based Li Auto Inc. launched its first pure electric vehicle after several months delay Friday as it seeks to gain an edge in China — the world’s most crowded and competitive car market.

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(Bloomberg) — Beijing-based Li Auto Inc. launched its first pure electric vehicle after several months delay Friday as it seeks to gain an edge in China — the world’s most crowded and competitive car market. 

The seven-seater multipurpose vehicle, dubbed Mega, can drive as far as 710 kilometers (441 miles) on a single charge and comes with a battery from Contemporary Amperex Technology Co. Ltd., Li Auto Chief Executive Officer Li Xiang said at a media briefing. A charge of just 12 minutes will allow the car to drive up to 500 kilometers, he added.

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Bloomberg News

2024-03-01 06:15:55

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