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Li Auto L9 2024 — 6-Seat Extended Range Luxury SUV

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Import Context

Li Auto is the fastest-growing luxury SUV brand in China, outselling BMW X5 and Mercedes GLE in the Chinese market. The L9 is an extended-range electric vehicle (EREV) — a 1.5L gas engine acts as a generator, giving ~1,100 km total range. Despite the lower PHEV tariff rate (27.5% vs 102.5% for pure EVs), Li Auto has no US distribution, service, or homologation plans.

Price in CNY for Max trim. Li Auto (NASDAQ: LI) has no current US vehicle sales despite US listing.

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