Li Auto (NASDAQ: LI), a leader in China’s new energy vehicle market, has unveiled its all-new  L7 and L8 SUV models. Both models employ the Company’s next generation all-wheel drive range extension system, which supports a range of up to 1,315 kilometers. 

The new models also come standard with the Li Magic Carpet air suspension to deliver a smooth handling and riding experience. The company will offer two trim levels, the Pro and Max, to provide customers with flexible choices.

Li L8’s range extension system is powered by the Company's self-developed and self-manufactured 1.5-liter, four-cylinder, turbo-charged engine, which it says can achieve fuel consumption of just 5.9 liters per 100 kilometers under the standard operating conditions.

The Li L8 Pro will come standard with Li AD Pro autonomous driving system, which will make it the first EV model in the world equipped with the Chinese-made Horizon Robotics Journey 5 chip for autonomous driving.

Li Auto is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles and is a pioneer in commercializing extended-range electric vehicles in China.

Shares of Li Auto trade on the NASDAQ under the ticker symbol LI.