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Li Auto’s Heady EV Sales Target Rests on Winning Over Chipmakers

  • Chinese EV upstart aims to ship 2 million cars a year by 2025
  • Supply chain is one of ‘biggest challenges,’ co-founder says
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WATCH: Li Auto Inc. has an audacious target of conquering 20% of the world’s biggest EV market, or selling two million cars a year, by 2025. “We’re very serious about this 20% and we’re building everything around the target,” says Li Auto president Kevin Shen.Source: Bloomberg
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It’s not the best known of China’s US-listed electric car upstarts, but Li Auto Inc. has lofty ambitions -- an audacious target of conquering 20% of the world’s biggest EV market, or selling two million cars a year, by 2025. 

To get there will require the Beijing-based maker of luxury e-SUVs to go where no automaker, let alone a startup, has gone before.