Li Auto’s shares surged 13.2% on Music ArchivesTuesday on Nasdaq as the Chinese electric vehicle maker teased the i8, its first all-electric sport utility vehicle with a series of images, ahead of this planned summer unveiling. According to the preview, the i8 looks to feature a muscular exterior and spacious cabin and will make its debut at the upcoming Shanghai Auto Show on April 23. The company, which for now has only one all-electric model and four extended-range hybrid SUVs on sale, said it has established 1,862 supercharging stations with nearly 9,940 chargers in cities across China as of Feb. 23. Li Auto last year delivered just over 11,000 Mega electric vans, launched last March at a price tag of RMB 559,800 ($77,756), having initially expected to sell as many as 8,000 units a month, partly due to its controversial exterior styling. [TechNode reporting, Li Auto announcement, in Chinese]
