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

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.

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