Chinese electric vehicle maker Li Auto predicts monthly sales to reach 10,000 cars in September By Reuters


© Reuters. FILE PHOT0: People visit the booth of Chinese electric vehicle (EV) maker Li Auto during a media day for Auto Shanghai in Shanghai, China on April 20, 2021. REUTERS / Aly Song


BEIJING (Reuters) – Chinese electric vehicle maker Li Auto expects sales to hit 10,000 per month from September and expand its sales network, executives said on Wednesday.

Li Auto Chairman Shen Yanan said that Li Auto, which has only one model, expects the monthly sales of its refurbished Li ONE extended range electric sport utility vehicle model to reach 10. 000 cars from September. It sold 5,539 cars in April.

Shen said the company will expand its sales network and continue to use a direct sales model strategy to sell its vehicles. It currently has 75 stores in more than 50 Chinese cities.

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