Li Auto

Li Auto reported strong fourth-quarter results and provided a better-than-expected outlook for first-quarter sales, Deutsche Bank said.

Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June.

Li Auto guides deliveries to be between 100,000 and 103,000 units in the first quarter of 2024, an increase of 90.2 percent to 95.9 percent from the first quarter of 2023.

Li Auto said it aims to reach 2,000 supercharging stations by the end of 2024.

The actions of the two employees led to the leakage of the company's trade secrets, with serious consequences, Li Auto said.

Li Auto CEO calls on China's policy makers to establish a mechanism to facilitate mergers and acquisitions between auto companies, amid widespread discussions over HiPhi's production halt.

From February 8-17, Li Auto owners drove 74.73 million kilometers with the AD assisted driving system turned on, including 49.54 million km of NOA mileage.

Li Auto will launch its first BEV model, the Li Mega, as well as the 2024 L-series EREVs at the event.

Li Auto said it was targeting 3,000 charging stations by 2025 when it unveiled its all-electric solution at last year's Shanghai auto show.

Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent.