Why it matters: As China’s EV competition reaches the knockout stage, there is little room for mistakes for either NIO or Li Auto. The entry-level Li i8 offers a range of 670 km at a much higher price of RMB 321,800. By comparison, i8 owners can fit two 28-inch pieces of luggage and four bags in the rear, according to Li Auto chief executive Li Xiang. However, a Li Auto salesperson suggested to TechNode on July 25 that the Onvo L90 gave customers cheap-looking interiors while the i8’s cabin featured more upscale materials. READ MORE: NIO starts pre-sale of three-row Onvo L90 SUV at game-changing $27,000 priceNIO’s Onvo L90 SUV has a 240L frunk, which is the largest in the Chinese market, according to the company.