Lixiang Auto is a Chinese new energy vehicle manufacturer that designs, develops, manufactures and sells luxury smart electric vehicles. Founded in July 2015 and headquartered in Beijing, Lixiang Auto provides safe and convenient products and services for home users through product innovation and technology development.
Ideal’s first product is the Lixiang ONE, which was released in October 2018 and is a smart electric mid-size SUV equipped with leading range-extended electric technology and smart technology, providing a comfortable space for family users with 6 seats.In 2020, Lixiang ONE achieved the sales champion in China’s new energy SUV market and also became the sales champion of Chinese models above 300,000 RMB. By the end of June 2022, the cumulative deliveries of Lixiang ONE had reached 184,491 units, and on June 21, 2022, Lixiang Automobile officially released Lixiang L9, the flagship SUV of family intelligence.
In 2022, Lixiang Motors successively released the new generation models of the family six-seat flagship SUV Lixiang L9 and the family six-seat luxury SUV Lixiang L8, and the deliveries of the two models officially opened in August and November respectively. The Lixiang L8 has maintained its sales leadership in the six-seat segment, while the Lixiang L9 has been crowned the monthly sales champion of large SUVs for several times since its delivery.20 The Lixiang L7, the flagship five-seat SUV for families released in February 2023, achieved over 10,000 deliveries in its first full delivery month, and is also the first five-seat SUV from a Chinese brand with a starting price of more than 300,000 RMB to achieve over 10,000 deliveries in a single month. Driven by strong deliveries, Lixiang was ranked among the top three new energy brand sales in China above 200,000 RMB in the first quarter of 2023, with a market share of approximately 11%.