CyberVan

Li Auto has officially launched its first-ever battery EV, a multi-purpose vehicle (MPV) called the Mega. Priced at over RMB 560,000 ($77,800), Li Auto expects the luxury minivan to be a top seller in its segment, contributing to its target of 800,000 vehicles sold this year. You may not know much about Li Auto ($LI), but it remains a relatively popular automaker in China following less than a decade in business. That early success has come from sales of four models delivered to the market in the last…