<div id="readability-page-1"><div><div><p><strong>Tesla Inc. </strong><span>TSLA</span> rival <strong>Li Auto Inc. </strong><span>LI</span> will release two new SUVs this year and could also release the company's first-ever sedan, provided the market conditions are favorable.</p><p><strong>What Happened: </strong>The company provided details on the Li i8, which is the company's first all-electric SUV, as well as the Li i6 during the automaker's Q1 2025 earnings call on Thursday.</p><p>The i8 will be a larger model capable of accommodating 6 passengers, while the i6 would be a comparatively smaller 5-seater SUV. The models would be released in July and August this year, respectively, the company said.</p><p>Li Auto CEO <strong>Li Xiang</strong> also provided an update on the company's maiden sedan model during the earnings call. The CEO shared that the company will release a sedan once the annual revenue reaches RMB 300 billion or over $41 billion.</p><p><strong>Why It Matters: </strong>The news comes in as Li Auto posted results that beat analyst expectations at the company's earnings call. The company reported a quarterly revenue growth of 1.1% year-on-year to RMB 25.9 billion ($3.6 billion). It also reported an increase in sales.</p><p><strong>Latest Startup Investment Opportunities</strong>:</p><div><div><div><div><div><div><ul><li><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/06125138/IMG_5682-edited.jpeg/query-YXV0bz13ZWJwJmF1dG89d2VicCZkcHI9MSZkcHI9MiZvcHRpbWl6ZT1tZWRpdW0md2lkdGg9MTA4MD9vcHRpbWl6ZT1tZWRpdW0md2lkdGg9Mzg0MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1000" height="563" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/06125138/IMG_5682-edited.jpeg/query-YXV0bz13ZWJwJmF1dG89d2VicCZkcHI9MSZkcHI9MiZvcHRpbWl6ZT1tZWRpdW0md2lkdGg9MTA4MD9vcHRpbWl6ZT1tZWRpdW0md2lkdGg9Mzg0MA"/></span></p></div><div><div><p><span></span></p><div><div><div><p><span>Min. Investment</span><span>$1,000</span></p><p><span>Industry</span><span>AI</span></p></div></div></div>Get Offer <p></p></div></div></div></li><li><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/12011752/Screenshot-2025-01-11-at-10.17.30%E2%80%AFPM.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="7680" height="4130" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/12011752/Screenshot-2025-01-11-at-10.17.30%E2%80%AFPM.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0zODQw"/></span></p></div><div><div><p><span></span></p><div><div><div><p><span>Min. Investment</span><span>$974</span></p><p><span>Industry</span><span>Tech</span></p></div></div></div>Get Offer <p></p></div></div></div></li></ul></div></div></div></div></div></div><p>Elsewhere, several Chinese EV manufacturers have been steadily gaining a footprint across multiple regions around the globe. Most notably, EV giant <strong>BYD Co. Ltd.</strong> <span>BYDDY</span> has overtaken <strong>Elon Musk</strong>'s Tesla in European sales as the Chinese automaker's plans to manufacture in Europe take shape.</p><p>Tesla, in the meantime, has been gearing up for the Robotaxi launch on June 12 as Musk has reaffirmed his commitment to the company by ending his involvement with the Trump administration and DOGE.</p><p><em>Check out more of Benzinga's Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Apple Supplier Foxconn Eyes Second Japanese EV Deal To Counter China’s Auto Surge</li> </ul><p><em>Photo courtesy: Robert Way / Shutterstock.com</em></p></div></div></div>

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<p>Li Auto Inc. plans to launch two new SUVs, the Li i8 and Li i6, in July and August 2025, respectively. The i8 will be a larger 6-passenger model, while the i6 will seat 5. CEO Li Xiang hinted at a potential sedan release contingent on reaching annual revenue of RMB 300 billion ($41 billion). The announcement follows a quarterly revenue growth of 1.1% year-on-year to RMB 25.9 billion ($3.6 billion), exceeding analyst expectations. This comes amid increasing competition in the EV market, particularly from BYD in Europe.</p>

- Li Auto Inc. plans to release two new SUVs, the Li i8 and Li i6, in July and August 2025, respectively.  
- The i8 will accommodate six passengers, while the i6 will be a five-seater, with a potential sedan launch contingent on reaching RMB 300 billion in annual revenue.  
- Li Auto reported a quarterly revenue growth of 1.1% year-on-year to RMB 25.9 billion, exceeding analyst expectations, amidst increasing competition from other EV manufacturers like BYD.  

Benzinga

Tesla Rival Li Auto Will Release 2 New SUVs This Year, CEO Li Xiang Hints At Company's First Sedan