Li Auto
Li Auto Q1 revenue jumped 320% year-on-year to $545.7 million, beating expectations
Li Auto posted revenue of RMB 3.58 billion ($545.7 million) in the first quarter, beating Wall Street estimates of RMB 3.355 billion, according to the company's unaudited earnings report released Wednesday.
Li Auto says it has built team to handle overseas markets
Li Auto does have plans for overseas markets and is thinking seriously about them, Shen Yanan, co-founder and president of the Chinese electric car company, said Wednesday.
Li Auto CEO says 'more money is better' in response to secondary listing rumors
He said Li Auto doesn't mind getting its capital reserves in any way it can, including secondary market financing, bank loans and debt issuance.
Li Auto launches new Li ONE, standard version costs $1,560 more than current model
This price comes as a surprise to many, as just last Friday, a well-known car blogger said that the new Li ONE will be priced at RMB 400,000, up RMB 72,000 ($11,000) from the current model.
Analysts praise Li Auto's move to ditch Mobileye in favor of local chips
To analysts, this is not only a smart move by Li Auto, but also heralds the upgrade of China's auto industry chain.
Li Auto offers its owners $1,550 re-purchase subsidy
With the release of its new model on the horizon, Chinese electric car company Li Auto seems to be thinking about how to get customers to buy the new model.
8 of Li Auto's yet-to-be-released new Li ONEs reportedly burned in transit
Li Auto will hold a spring launch event on May 25 at 20:00 Beijing Time, when it will unveil the new Li ONE model.
Li Auto's new Li ONE said to cost $11,000 more than current model
The new Li ONE will be priced at RMB 400,000 ($62,000), up RMB 72,000 ($11,000) from the current model, according to a well-known car blogger.
Li Auto to report Q1 earnings on May 26, delivered 12,579 vehicles in the quarter
In the first quarter, Li Auto delivered 12,579 units, up 334.4 percent year-on-year, but down 13 percent from the fourth quarter of last year.
Li Auto's new Li ONE will feature latest chip from Horizon Robotics
Li Auto's new Li ONE, which will be released next week, will be equipped with the Journey 3 chip, the latest chip from local chip company Horizon Robotics.
