Li Auto
Li Auto signs partnership deal to boost charging facility buildout
A sufficient number of self-operated supercharging piles are necessary to sell all-electric SUVs, Li Auto management previously said.
Li Auto further cuts 2024 sales target to around 480,000 units, report says
This is the second cut after Li Auto lowered its 2024 sales target from 800,000 units to 560,000-640,000 units.
Li Auto reportedly merges sales and delivery teams for higher volume
Li Auto has merged its sales and delivery teams to eliminate possible conflicts of interest between the two in order to better sell cars.
Li Auto delivers 35,020 cars in May, highest year-to-date
May's deliveries were Li Auto's highest single-month volume so far this year, though still well below last December's record 50,353 vehicles.
Li Auto sees 20,000th Li L6 roll off line
Li Auto said Li L6 production capacity continues to climb and will top 20,000 units next month.
Li Auto shares plunge in HK on disappointing earnings, delay of more BEV launches
Li Auto's BEV endeavors appear to be facing structural challenges as transferring its EREV success to BEV is not so straightforward, Deutsche Bank said.
Li Auto Q1 2024 earnings: Deutsche Bank's 1st look
"Li Auto delivered mostly in-line 1Q24 earnings results and 2Q24's volume outlook bracketed our forecast but pricing pressure appears much worse than anticipated," said Deutsche Bank.
Li Auto Q1 2024 earnings call: Live updates
Li Auto said it won't release any all-electric SUVs this year; they'll be released in the first half of next year. It said in its last earnings call that it would release three all-electric SUVs in the second half of 2024.
Li Auto sees net income fall in Q1, guidance for Q2 misses expectations
Li Auto guides for second-quarter vehicle deliveries to be in the range of 105,000 to 110,000, meaning it expects to deliver a total of 79,213 to 84,213 vehicles in May and June.
Some employees at Li Auto Beijing plant reportedly taking extra break as Li Mega sales remain weak
Thousands of completed Li Megas are currently parked in the parking lot of Li Auto's Beijing plant, according to local media.
