Li Auto opens R&D centre in Germany | finance news
Chinese language electric vehicle (EV) producer Lixiang Auto Inc (Li Auto) opened its first abroad analysis and development (R&D) center within the German metropolis of Munich, because the company continues to step up its abroad gross sales drive.
Li Auto mentioned the goal of the R&D centre is to collaborate with European element producers within the development of next-generation applied sciences, together with these associated to AI, energy semiconductors, sensible chassis systems, electric drivetrains and total vehicle design.
By way of the new R&D centre, the automaker additionally goals to gain a higher understanding of the European market and develop merchandise which are more “aligned” with European automotive laws and client preferences.
Li Auto’s CEO, Ma Donghui, mentioned in a assertion: “This R&D center marks the official begin of Li Auto’s world strategy. It is going to additionally function a cornerstone of our artificial intelligence (AI) core strategy, with practically half of our R&D investment at present directed towards AI applied sciences.”
Established in 2015, Li Auto is one of China’s more successful EV startups, with global sales last year growing by 33% to 500,508 battery electric vehicles (BEVs) – bringing the company’s cumulative sales to 1,133,872 units.
“Li Auto opens R&D centre in Germany” was originally created and published by Just Auto, a GlobalData owned brand.
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