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Shares of Li Auto (LI) rose about 4.5% intraday on Wednesday after the Chinese electric-vehicle maker launched its new flagship battery-electric SUV, the Li i9.
Li Auto called the i9 “a pioneering flagship family SUV.” The six-seat battery-electric vehicle is priced at RMB 369,800 for its standard configuration. Deliveries begin this week.
The i9 is Li Auto’s second major product drop in September. On September 2, the company unveiled a new-generation Li Mega electric MPV, priced at RMB 509,800 for its standard configuration. The two…