Li Auto

A Shenzhen-listed firm announced that it has won the "X01 assembly line" project of Li Auto's Changzhou branch, with a contract value of RMB 160 million and a delivery date of March 30, 2022.

CICC said last week that it is optimistic that Li Auto sales will continue to trend upward quarter by quarter in 2021, with full-year sales expected to reach 80,000 units.

BofA said Li Auto's sales are expected to grow at a CAGR of 48 percent from 2020-2025, driven by rising EV penetration, strong market demand, and rapid expansion of sales channels.

CICC maintains its price target on Li Auto at $40, which represents a 39% upside to the current stock price.

Li Auto said it also had a record number of new orders in December but did not disclose specific figures.

Nio said if customers pay the deposit on and before January 10, they can still purchase the car at the actual price in 2020, and the difference in the amount of national financial subsidies will be borne by Nio.

Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI) announced on December 25 that its only model, the Li ONE, will soon receive an OTA 2.0 update to its car system, bringing several new features.

We previously reported that Lu Fang, CEO of Dongfeng Group's VOYAH brand, said of the competition with Li Auto that they are comrades in arms, with the common goal of converting traditional gasoline vehicles into new energy vehicles. In fact, that's happening.

Under this technology, the vehicle will be able to obtain information on the attributes of all roads between the starting point and the endpoint and the attributes of intersections and determine the path based on this information.

Li Xiang said it is absolutely good to have serious new players entering the field, which can quickly increase the attention and consumer confidence in the field.