Li Auto
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.
Nio's local rival Li Auto's US IPO fully subscribed
Chinese electric vehicle (EV) maker Li Auto's IPO in the U.S. has been fully subscribed, according to IFR, a Reuters media outlet.
Chinese EV maker Li Auto updates US IPO terms, valuation exceeds $8 billion
Li Auto updated its prospectus today and according to its F1 filing, its IPO is an offering of 95 million ADSs.
Li ONE gets OTA update to support multiple phones as car keys
Chinese car manufacturer Li Auto today released the July OTA update for Li ONE, which supports the use of several phones as car keys, including the Xiaomi Mi 10 Pro and Huawei P40.
Factbox: Meituan is Li Auto's second largest shareholder with 14.5% stake
Five-year-old Chinese EV player Li Auto filed a prospectus with the SEC yesterday in preparation for its listing on the Nasdaq under the symbol "LI". Once Li Auto goes public, it will become the second Chinese smart electric car company to go public in the U.S. after Nio.
Nio's local rival Li Auto files for US IPO of up to $100 million
Li Auto, a Chinese electric vehicle maker and Nio's major rival, today filed a prospectus with the U.S. Securities and Exchange Commission for a Nasdaq IPO that will raise up to $100 million with the stock symbol "LI".
Chinese EV maker Li Auto to go public in US as early as July, report says
Chinese EV maker Li Auto will go public in the U.S. as early as July, with underwriters including Morgan Stanley and UBS, 36Kr said, citing sources with knowledge of the matter.
Chinese food delivery firm Meituan plans $500m investment in EV maker Lixiang
Chinese electric vehicle startup Lixiang Automotive is on the verge of raising $550 million in Series D funding that is led by Chinese food delivery firm Meituan, according to LatePost.
Can the Lixiang ONE challenge Tesla in China?
On April 29, Li Xiang expressed his views on the "survival theory" of the new car market, saying that although the car market is big enough, it is also very difficult, and if only three of the hundreds of new car manufacturers survive, Lixiang will definitely try to make himself one of them, and I hope that my comrades in arms are Xiaopeng and WeiLai.
Lixiang ONE becomes bestselling PHEV in China in March
In March this year, Lixiang ONE saw shipments of 1,475 units, surpassing the BMW 5 Series PHEV (1,432 units) for the first time and ranking first in the sales of plug-in hybrid models, according to the latest motor vehicle insurance data.