Ge Long Hui·2025-08-04 06:08Core Viewpoint - Huatai Securities published a research report indicating that Li Auto's i8 has officially launched with three configurations priced at 321,800, 349,800, and 369,800 yuan, respectively. The report expresses optimism regarding the sales performance of the i8 and the upcoming i6, supported by the VLA model and advanced driving assistance capabilities [1] Group 1 - The i8's Pro and Max versions are priced the same as the L8 versions, while the Ultra version is 10,000 yuan cheaper than the L8 Ultra version [1] - Huatai Securities maintains its previous profit forecasts for Li Auto, expecting GAAP net profits of 10.3 billion, 15.8 billion, and 17.8 billion yuan for 2025 to 2027, respectively [1] - Non-GAAP net profits are projected to be 13 billion, 18.6 billion, and 20.8 billion yuan for the same period [1] Group 2 - The target price for Li Auto has been slightly adjusted to 139.49 HKD, while maintaining a "Buy" rating [1] - The report highlights the i8's features, including the VLA model, standard 5C supercharging, and a spacious and comfortable cabin experience [1] - The company's driving assistance capabilities are expected to remain at the top tier domestically following the introduction of the VLA model [1]