Cai Jing Wang·2025-08-16 13:37Core Insights - The launch of the Li Auto i8 has intensified competition in the pure electric mid-to-large SUV market, which is becoming a battleground for major automakers [1][3] - The market for pure electric mid-to-large SUVs is characterized by significant growth potential and consumer demand, particularly among multi-child families and in the high-end segment [3][4] - Analysts predict that the market share of new energy SUVs will increase from 48% in 2025 to 65% by 2030, with pure electric models accounting for 40% of that share [6] Market Dynamics - The total retail sales of domestic SUVs reached 2.501 million units in Q1 2025, marking a year-on-year increase of 4.7% [4] - In the first quarter, 27 SUV models sold over 30,000 units, with 13 models exceeding 40,000 units, indicating a growing preference for new energy vehicles among consumers [4] - Major automakers are expected to increase investments in the new energy sector, launching more competitive models to capture market share [4] Competitive Landscape - The competitive landscape for pure electric mid-to-large SUVs is heating up, with several new models recently launched, including the Xiaomi YU7, XPeng G7, Li Auto i8, and Lido L90 [4][8] - The pricing of these models varies significantly, with the Lido L90 starting at 179,800 yuan and the Li Auto i8 priced at 339,800 yuan [8][9] - The models differ in features such as battery type, range, and intelligent driving capabilities, with the Li Auto i8 offering advanced features like L3-level autonomous driving [12][13] Product Analysis - The Li Auto i8 has a range of 720 km and supports ultra-fast charging, while the Xiaomi YU7 offers a maximum range of 835 km [12][13] - The Lido L90 provides a spacious interior with options for six or seven seats, but has a shorter range of 570-605 km [12][16] - The XPeng G7 and Lido L90 utilize pure vision algorithms for intelligent driving, while the Xiaomi YU7 is equipped with laser radar for enhanced performance [10][12] Future Outlook - The market is expected to evolve into a "1+N" structure, with several brands, including Tesla, Li Auto, XPeng, and Xiaomi, competing for market share [16] - Analysts predict that Tesla's market share may decrease from over 30% to around 20-25%, while 2-3 Chinese brands could capture 10-15% each [16]