NIO, Li Auto shares surge as Wall Street banks turn bullish
LI Auto and NIO also experienced significant share price gains on Wednesday as Wall Street continues to upgrade their ratings.
Li Auto shares surge 28% to record high
Chinese EV maker Li Auto shares surged 28.25 percent to close at $23.38 on Wednesday, a record high since its IPO, pushing its market capitalization to $19.55 billion.
What is the difference between NIO, Li Auto and Xpeng? Financials tell everything
With NIO, Li Auto already publicly traded in the US, and Xpeng set to go public in the US this month, there's a direct and measurable differentiation between these three Chinese EV companies based on their first half of 2020 performance.
Li Auto denies quality issues caused axle breakage
The photos of a Li ONE, made by Chinese EV maker Li Auto, with a broken front axle triggered widespread concern in China recently. Today Li Auto released a statement in response, saying it was an accident and not a quality issue, adding that the Li ONE's test quality exceeds that of Mercedes-Benz and BMW.
Li Auto delivers 2,516 Li ONEs in July, up 33% from June
Chinese electric vehicle (EV) maker Li Auto has released its first monthly sales figures following its IPO in the US.
Li Auto market cap approaches NIO, why is it favored by capital markets?
Just a week after its IPO, Li Auto's market capitalization is approaching that of NIO, which has been traded on the US market for nearly two years.
Bernstein initiates NIO rival Li Auto coverage with outperform rating
The analysts of Bernstein have rated Li Auto, a Chinese EV maker that went public one week ago in the US, with an outperform rating in their initial coverage.
NIO rival Li Auto responds to a highway fire in its vehicle
A Li ONE on the Guangdong Expressway caught fire at around 16:09 on August 6, 2012, causing concern about the safety of driving an EV.
Li Auto surges 43% in Nasdaq debut, almost equals NIO in market cap
Chinese electric vehicle (EV) maker Li Auto closed at $16.46 on its first day of trading in the U.S., up 43 percent from its IPO price of $11.50.
NIO's local rival Li Auto raises $1.1 billion in US IPO with $10 billion valuation
Chinese electric vehicle maker Li Auto has priced its American depositary receipts at $11.5 each in an initial public offering (IPO) on Nasdaq that will raise U$1.1 billion.