Li Auto
CICC initiates coverage on Li Auto with 'outperform' rating and price target of $21.50
China's top investment bank CICC Wednesday initiated coverage of Chinese EV maker Li Auto with an outperform rating and a target price of $21.50, meaning a 20 percent upside space from Wednesday's close.
Li Auto delivers a record 2,711 units of Li ONE in August
Li Auto delivered 2,711 Li ONEs in August, a new monthly record. For the period January-August 2020, Li ONE deliveries totaled 14,656 units.
Li Auto founder slams doubts about its extended-range technology as nonsense
In response to doubts about Li Auto's choice of the extended-range technology route, the Chinese EV maker's founder Li Xiang gave a stern rebuttal in a speech at Li Auto's user day on August 29.
Li Auto may soon get its first CTO
According to recent media reports, Wang Kai, the global chief architect of American automotive electronics supplier Visteon, has confirmed to join Chinese EV maker Li Auto as the CTO. Li Auto declined to comment on the matter.
Nio, Li Auto, Xpeng -- Who could be the next Tesla?
Chinese EV maker Xpeng Motors went public on August 27 on the New York Stock Exchange (NYSE), with an offering price of $15. It went up 41% on the first day of trading to reach a market capitalization of approximately $14.96 billion.
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.