Li Xiang, a leading player in the electric vehicle (EV) market, has announced a strategic collaboration with Changan Automobile to develop an advanced hybrid system for its new aircraft. On May 26, 2025, Li Xiang and Changan Automobile (600178.SH) unveiled plans for a partnership aimed at enhancing hybrid technology in the next generation of flying vehicles.
This collaboration will focus on creating a specialized hybrid system for Li Xiang’s upcoming flying vehicles. The joint venture is expected to leverage both companies’ expertise to innovate in the field of hybrid propulsion systems. Li Xiang, established in 2013, is known for its electric vehicle products, including the T1, X1, and X2 models, which have already been launched.
The hybrid system aims to improve efficiency and performance for Li Xiang’s next-generation flying vehicles, enhancing their operational capabilities. This partnership is poised to contribute significantly to the development of advanced propulsion technologies that can support the emerging field of aerial mobility.
Li Xiang’s recent financial report indicated that the company generated a revenue of 9.94 billion yuan in the previous fiscal year, marking a 3.31% decrease compared to the previous year. The company reported a production volume increase, with significant growth in the sales of its hybrid systems.
As the market for electric vehicles continues to expand, Li Xiang is committed to enhancing its product offerings and technological advancements. The company’s focus on hybrid systems is part of its broader strategy to innovate within the electric vehicle sector and to meet the evolving demands of consumers.
Furthermore, the collaboration with Changan is expected to lead to greater resource efficiency and reduced costs in production, positioning both companies to better compete in the rapidly evolving automotive industry.
Li Xiang’s CEO expressed optimism about the future, indicating that this partnership will facilitate the development of highly efficient flying vehicles that can meet the growing demand for sustainable transportation solutions.
In summary, the partnership between Li Xiang and Changan Automobile represents a significant step forward in the hybrid vehicle market, aiming to combine their strengths to push the boundaries of innovation in electric and hybrid technology.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/xiaopeng-motors-partners-with-geely-to-develop-advanced-hybrid-systems-for-future-electric-vehicles/
