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Benzinga
Benzinga
Business
Rachit Vats

Tesla, Nio Rival Li Auto Aims To Double Production In 2022

Li Auto NIO Changzhou Jiangsu Li Auto Inc U.S.-listed

U.S.-listed Chinese electric vehicle maker Li Auto Inc (NASDAQ:LI) aims to double production to about 200,000 electric vehicles a year at its Changzhou plant in the Jiangsu province, cnEVpost reported on Friday, citing a company executive.

What Happened: The Beijing, China-headquartered Li Auto currently has an annual production capacity of 100,000 units in a single shift at Changzhou.

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