New EV Designed Like a Coffin, China’s Famous EV Brand LI Auto Loses $70 Billion in Market Value

Indeed, the vehicle being transported on the trailer is the new MEGA by Li Auto Inc., an all-electric MPV released on March 1st. However, upon its launch, Li Auto found itself in an unprecedented public relations crisis. On the day of its market debut, the car’s design, likened to a coffin, sparked widespread controversy on the internet. Some even photoshopped the character for “condolences” onto the car body, a word typically inscribed on hearses, and dubbed it a “new energy funeral vehicle,” fueling wild speculations. Images and videos of the car circulated widely on WeChat, TikTok, and Weibo, with netizens nicknaming it the “coffin car.”
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