Li Auto CEO predicts China NEV penetration to exceed 80% by Dec 2025
CN EV Post
APRIL 24, 2023
Li Xiang, founder, chairman and CEO of Li Auto (NASDAQ: LI), predicted a month ago that China's new energy vehicle (NEV) penetration rate would reach 70 percent by the fourth quarter of 2025. Now, perhaps fueled by optimism from the Shanghai auto show, he's making an even bolder prediction. million units, up 1.9 percent year-on-year.
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