Li Auto
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Li Auto's 2nd plant starts construction in Beijing, production expected in 2023
The plant, which was originally Beijing Hyundai's No. 1 plant, has a total investment of more than $933 million and is scheduled to start production by the end of 2023.
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Nomura initiates coverage on Li Auto with Buy rating and $43.4 price target
Nomura believes that Li Auto's solution not only reduces mileage anxiety, but also allows the company to unlock markets in regions where charging infrastructure is scarce.
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Li Auto reportedly bought chips from black market at 800 times the cost of normal prices
Li Auto reportedly bought thousands of EPB chips, which normally cost about RMB 6 per chip, for about RMB 5,000 each.
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Li Auto to deliver Li ONEs with two radars missing as temporary workaround for chip shortage
Due to increased pressure on chip supply, Li Auto is said to be delivering Li ONEs with two missing radars by December, with additional installations for customers as the part arrives.
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Li Auto delivered 7,094 vehicles in Sept, up 102% from a year ago
Li Auto deliveries were down about 25 percent in September compared to August, which the company blamed on the impact of continued chip supply shortages.
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Li Auto registers Metaverse trademark
The Metaverse can be understood as an artificial virtual space that runs parallel to the real world to provide users with an immersive and interactive experience.
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Li Auto lowers Q3 delivery guidance by 500-1,500 units due to Malaysia's Covid-19
Li Auto is the latest company to lower its delivery expectations due to the Covid-19 outbreak in Malaysia affecting its supplier's chip supply.
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Li Auto to roll out new OTA update for vehicles, bring English language support
Li Auto said Wednesday it will push the latest version 2.2 OTA update to all Li ONE vehicles, the company's only model, by September 15.
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Li Auto gets extra HK$1.6 billion from HK listing as underwriters partially exercise over-allotment option
These over-allotment shares will be listed on the main board of the Hong Kong Stock Exchange starting at 9 am on September 8, Li Auto said.
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Li Auto delivered record 9,433 vehicles in Aug, up 248% year-over-year
Li Auto delivered a record 9,433 vehicles in August, up 248 percent year-over-year and up about 10 percent from July.
