Li Auto
Li Auto to update software for 2020 Li ONE to bring same experience as 2021 model
The update includes 21 new features and 12 optimizations, the most interesting of which is the improvement of its virtual voice assistant Li Xiang Tongxue's continuous dialogue capability.
Analysts explain why Li Auto ditches Mobileye in favor of local self-driving chip
Mobileye's ecosystem is more closed and a local chip can provide Li Auto with a greater control.
Li Auto will reportedly take over Beijing Hyundai plant as its second factory
The plant, with a total investment of RMB 6 billion ($940 million), will be used for research and development of vehicles, core components, autonomous driving, and other key technologies, the report said.
Deutsche Bank cuts Li Auto price target to $27, says EV maker shows encouraging signs but not game-changing
Edison Yu's team maintained a Hold rating on Li Auto but lowered its price target by $5 to $27 amid the broader re-rating in EV-related assets.
Li Auto says global chip shortage could continue into next year
A global chip shortage could continue through the end of the year and even into early next year, Chinese electric vehicle maker Li Auto co-founder and president Shen Yanan said on Wednesday.
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.