Feng Huang Wang·2025-12-24 22:30Core Insights - Zhang Xiao, the president of the second product line at Li Auto, is set to leave the company, raising concerns about the future planning of the mid-to-high-end product line [2][1] - Zhang has been with Li Auto since May 2016 and played a significant role in the product definition of key models such as Li ONE and L9 [1][2] - The company has structured its product lines based on price ranges, with Zhang responsible for the second product line covering models priced between 300,000 to 400,000 yuan [1] Company Structure - Li Auto has three main product lines: - The first product line, overseen by Tang Jing, targets models priced above 400,000 yuan (MEGA, L9) [1] - The second product line, managed by Zhang Xiao, includes key models like L8 and L7, and the upcoming i8 [1] - The third product line, led by Li Xinyang, focuses on models priced below 300,000 yuan (L6, i6) [1] Impact of Departure - Zhang's departure may impact the operational pace of the second product line, which is crucial for the company's mid-to-high-end offerings [2][1]