Li Auto

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Li Auto is a pioneer in the extended-range electric vehicle (EREV) market in China and is one of the most prominent players in the field.
Founded: Jul 2015
Founder: Li Xiang
Ticker: NASDAQ: LI
HQ: Beijing
2024 revenue: RMB 144.46 billion
Website: lixiang.com
  • An interesting change: Li Auto's May deliveries surpassed by Neta

    Li Auto's third position was overtaken by Neta Automobile, backed by Qihoo 360, China's largest cybersecurity company, which delivered 4,508 units in May.

  • Li Auto delivered 4,323 vehicles in May, up 101.3% from a year ago

    Li Auto said it is confident that Q2 deliveries will exceed the upper end of its guidance.

  • Li Auto faces outcry from recent buyers after releasing new Li ONE

    Just like what happened to its local counterpart Xpeng Motors two years ago, Li Auto's recent release of its product refresh has caused the Chinese electric car company to face protests from some owners.

  • 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.