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28-497: Lifan may refer to: Lifan Group , Chinese motorcycle and automobile manufacturer Lifan Yuan , agency in the Qing government for the administration of Mongolian and Tibetan Affairs Chongqing Lifan , Chinese football club Li County, Sichuan , formerly known as Lifan County Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with

56-430: A company called Beijing Chehejia Information Technology (Chehejia translates as "Car and Home"). It started its operations by developing and producing low-speed EVs that targeted car-sharing and ride-hailing services. In 2018, Chehejia reached an agreement for a joint venture with DiDi , China’s largest ride-hailing service company, but the plan collapsed shortly afterward. In the first half of 2018, Chehejia abandoned

84-735: A presence in Vietnam in 1999 that made motorcycles and parts. Beginning in March 2007, assembly of the 520 sedan commenced in Vietnam. By mid-2009, the 320, 520i, and 620 had also been built or assembled in this country. Overseas assembly factories make Lifan-branded automobiles sold to domestic audiences but are not necessarily affiliated with Lifan in any way. In early 2010, Lifan established an automobile assembly factory in Azerbaijan . Such assembly has occurred in Egypt. From 2007 until 2010,

112-557: A single model was on offer in this country. Some small passenger car models are sold in Brazil, Guatemala, Peru, and Uruguay. Some of the cars Lifan exports are in the form of knock-down kits . Put together in small, local workshops, selling such kits is an easy way for the company to gain access to developing markets. Lifan was formerly the owner of the Chinese super league football team Chongqing Lifan ; since 2005 it has been

140-781: A sponsor of the team. Li Auto Li Auto Inc. ( Chinese : 理想汽车 ; pinyin : Lǐxiǎng Qìchē ; lit. 'ideal car') is a Chinese electric vehicle manufacturer headquartered in Beijing , with manufacturing facilities in Changzhou . Founded by Li Xiang in 2015, the company mainly builds electric vehicles that use range extenders for a power supply. Li Auto has vehicle manufacturing, engineering, and design services located in Changzhou, Jiangsu with corporate headquarters and research and development located in Beijing . In 2015, Li Xiang, founder of Chinese website PCPop and automotive website Autohome.com.cn, created

168-594: Is the new motorcycle brand of Lifan created in 2022; PFMoto sold lower-cost motorcycle and scooter, the first model introduced in the chinese market in 2023 was the Starship 3, a cruiser-style with a design inspired by the Honda Gold Wing , and a 302cc V-twin engine. In 2023, the Starship 6 is introduced, a version equipped with a 573 cc V2 engine. Subsequently, the Starthunder 250, a compact cruiser, and

196-966: The EU , Singapore and Japan . While finding more markets for its motorcycle-related products, Lifan has exported passenger cars to 51 countries. In 2010, its automotive exports were rivaled by only Chery . The company has sold in many countries and in every continent except Antarctica . Allowed access in 2003, Lifan motorcycle products are sold in 18 European countries. The Italian importer Martin Motors rebadges and sells two small Lifan passenger car models under its own name. Lifan has sold motorcycles in Japan since 2001. Lifan automobiles have been sold in Laos and Syria since 2009. Lifan motorcycles and dirt bikes are available in Canada and Mexico . As of 2009,

224-645: The F4 RR motorcycle. Founder Yin Mingshan and his family are worth US$ 1.3 billion as of 2014. Lifan's cash balance was 370 million yuan versus 3.1 billion yuan at the end of 2017. Lifan had only 450 million yuan out of 12.6 billion yuan worth of credit lines from 25 banks according to filings. In 2018, Lifan raised approximately 4 billion yuan selling land to the government and unit Lifan Motors to electric vehicle startup Li Auto . In 2018, Baidu and Panda Auto, an EV rental operator under Lifan Group, jointly launched

252-739: The L8 , a shortened variant, and the L7 , a smaller version without a third row of seats, presented in September. During the same month, Li Auto made the decision to cease production of the Li One in October 2022, which generated a negative reaction from recent buyers of the SUV. In November 2023, Li Auto presented its fourth model, Li Mega , a full-size flagship MPV . It is the first battery electric car produced by

280-625: The Li One in April 2019, with production beginning in November of the same year. It is a range-extended electric SUV powered by a combination of a 1.2-litre three-cylinder turbocharged engine, and a 40 kWh lithium-ion battery. Production was done at its Changzhou factory, with deliveries of the vehicle commencing in early 2020. In July 2020, Li Auto made its debut on the Nasdaq stock market under

308-781: The Lifan 520 was assembled in Ethiopia from imported knock-down kits under the name of "Abay" ( Amharic for the Blue Nile ) by Holland Car Company. Cars assembled in Ethiopia may now bear the Lifan name, and an after sales service center for Lifan automobiles exists in the capital, Addis Ababa , as of 2010. As of 2016, Lifan continues to produce in Ethiopia (perhaps without a local partner), assembling cars with native-born labor from knock-down kits. Five different models can be made at

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336-529: The Livian Automotive with Lifan Technology. The registered capital of the target company is 600 million yuan RMB. Geely Holding and Lifan Technology would each invest 300 million yuan, each holding 50% of the shares. Since Geely is the major stakeholder of Lifan Technolgy, which accounts for 34.7%, making Geely the controlling shareholder of the Livian Automotive . The joint venture manufactures electric vehicles using Geely's existing platforms under

364-551: The Maple brand. As of January 2022, Geely announced that the joint venture with Lifan plans to build a battery swap ecosystem for electric cars. The first compatible car was launched in February 2021 as the Maple 60S . When Geely acquired Lifan in 2020, Lifan is now more focused on original vehicles development for taxi customers and battery swap support. Current and former Lifan motorcycle products include: PFMoto (Paifang Moto)

392-613: The X60 compact SUV. Lifan made an IPO on the Shanghai Stock Exchange in late-2010. In 2011, Lifan's exchange-listed entity announced revenue of US$ 1.83 billion, and profits of US$ 62 million. Lifan entered into an agreement with Italian motorcycle manufacturer MV Agusta on July 4, 2014, to be MV Agusta's sole distributors in China. Lifan currently have a number of Agusta models on show at selected dealerships, including

420-479: The China's first shared autonomous vehicle pilot program, closed in 2020. As of 2020, it was reported that Lifan's debt totaled 31 billion yuan ($ 4.4 billion) in June 2019, with 60% due within a year, while assets stood at 41.5 billion yuan according to company filings. News of Geely planning to takeover Lifan surfaced with the target being the market share in the southwest which Lifan mainly dominates. In 2004, Lifan

448-596: The Gravity 150 (LF150T-8C) scooter, equipped with a 149.3 cc single-cylinder engine, were launched. In 2024, the Starship 4 was introduced as an intermediate model between the Starship 3 and the Starship 6. This motorcycle is equipped with a 398 cc V2 engine. Current and former Lifan automobile products include: Lifan has two passenger-car assembly plants in China. Now boasting motorcycle production bases in Thailand, Iran, Turkey, and Vietnam, Lifan first established

476-484: The company. In the spring of 2020, the media circulated reports of users having problems with their SUV, the Li Auto One. An owner reported problems with the operation of the braking system, and just a day after this information appeared, another driver of the Li Auto One complained about the smell of smoke in the passenger compartment. The manufacturer denied that the risk of these defects affected other versions of

504-590: The construction of its second plant in Shunyi District in Beijing . This site was previously owned by Beijing Hyundai but was sold to Li Auto due to a prolonged decline in Beijing Hyundai's sales. In 2022, Li Auto underwent a comprehensive portfolio overhaul, introducing a new design language and expanding its model lineup from the existing Li One SUV to include three entirely new models. The flagship Li L9 made its debut in March, followed by

532-633: The current facility, set up in 2014, and sales can total fifty cars a month at prices ranging from $ 15,000 to $ 30,000. Lifan was assembling cars in Iran around 2010. Assembly of automobiles in Russia began in August 2007, and in early 2011, the 320 model became the third Lifan product to see local production. In 2010, a 40,000 units/year production capacity assembly plant was established in Uruguay . At

560-472: The end of 2006, Lifan held over 3,800 patents, the largest number of any Chinese automobile company, of which at least 346 of were held by Lifan's automobile division. Access to profitable export markets, something the Chinese State allowed the company in 1998, means that this maker of automobiles and motorcycles does what many Chinese automakers desire: it sells in developed overseas markets like

588-405: The hybrid SUV. In July 2021, the Chinese social media Weibo circulated a video showing the discovery by one of the owners of a Li One of mercury balls, which as a substance for the production of cars is banned in China. Traces of the raw material were found in the armchair, and even more of them were found after it was removed. Li Auto representatives began an investigation immediately after

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616-551: The low-speed EV project due to the lack of support from the Chinese central government for legalizing the EV category. In 2019, the holding company Chehejia Technologies, based in the Cayman Islands , rebranded itself as Leading Ideal Inc. The following year, it shortened the name to Li Auto, and the company was renamed Li Auto Inc. In Chinese, the brand is commonly known as Lixiang ( 理想 ). Li Auto unveiled its first model named

644-513: The manufacture of sports shoes and winemaking. Outside of China, Lifan is currently best known for the sale of small passenger cars in emerging markets . Lifan was founded by former political dissident Yin Mingshan in 1992 as a motorcycle repair shop with a staff of nine. Mingshan has a long history of conflict with government authority but currently enjoys a positive relationship with the Chinese Communist Party. The company

672-468: The start of automobile production beginning with the LF6361/1010 minivan and pickup based on the 1999 Daihatsu Atrai . In December 2005, Lifan's first independently developed car entered production, the 520 sedan with a Brazilian Tritec engine . As of 2011, Lifan makes a number of consumer offerings including the subcompact 320 , the compact sedan and hatchback 520 , the mid-sized 620 sedan, and

700-455: The stock code "LI," raising USD 1.1 billion in its initial round of financing. Investors of the company include Meituan and Source Code Capital . Despite strong sales and significant popularity in the Chinese market, the company encountered difficulties in securing sufficient investment during its first year on the stock exchange, closing at only 70% of the anticipated value for its initial financing round. In October 2021, Li Auto started

728-640: The title Lifan . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Lifan&oldid=1153903852 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Lifan Group Lifan's vehicle products include passenger cars, microvans, dirt bike engines, entry-level motorcycles , mini-vehicles, and commercial trucks. The company's non-vehicle-related activities include

756-413: Was ordered to cease selling motorcycles under the brand name "Hongda"—the culmination of a successful lawsuit brought by Honda Motors . That same year Honda initiated a separate suit against Lifan this time for using badges similar to Honda's on its motorcycle products. On December 13, 2021, Geely Automobile announced that Geely decided to jointly invest in the establishment of a joint venture company,

784-429: Was originally called "Chongqing Hongda Auto Fittings Research Centre". The company was renamed Lifan Industry Group in 1997. It expanded into building buses in 2003. As of 2004, Lifan was being referred to as "the largest private motorcycle manufacturer in China." In 2009, it as the fifth-largest Chinese motorcycle maker. In 2003, Lifan acquired Chongqing Special Purpose Use Vehicle Manufacturing Co Ltd, and 2005 saw

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