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CyberVan! Li Auto’s Mega MPV launches in China alongside ambitious EV expectations

Baua Electric

Priced at over RMB 560,000 ($77,800), Li Auto expects the luxury minivan to be a top seller in its segment, contributing to its target of 800,000 vehicles sold this year. Until recently, Li Auto’s pipeline consisted of extended-range EVs that still utilize small combustion engines. Not bad for a glorified minivan.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. General Motors Corporation.

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