Li Auto
Li Auto delivers 28,984 cars in Mar, Q1 deliveries exceed slashed guidance
In the first quarter, Li Auto delivered 80,400 vehicles, exceeding the upper end of the lowered guidance range of 76,000 to 78,000 vehicles.
Li Auto reportedly lowers 2024 sales target to 560,000-640,000 cars
Li Auto previously aimed to sell as many as 800,000 vehicles in 2024, and become the best-selling premium car brand in China.
Li Auto cuts guidance for Q1 deliveries due to lower-than-expected order intake
The updated delivery guidance means that Li Auto now expects it to deliver between 24,584 and 26,584 vehicles in March.
Li Auto CEO addresses what went wrong with Li Mega and how to fix it in internal letter
Li Auto incorrectly treated a period of commercial validation as a period of rapid growth with the Li Mega, and this strategic miscalculation was the essential reason for the model's issues, its CEO said.
Li Auto mulls lowering Li Mega sales target as orders less than 4,000 after half month on market, report says
Li Auto's management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media.
Li Auto offers limited-time charging perks to increase Li Mega's appeal
Between March 16 and April 15, Li Mega owners who use Li Auto's supercharging stations to charge their vehicles will be rewarded with credits equal to the amount they pay per charge.
Li Auto to launch lower-priced variants for Li L7, Li L8 in May
Li Auto has restructured the naming of its L-series models and will launch new versions of the Li L7 and Li L8 in May, both with RMB 18,000 lower prices.
Li Auto begins Li Mega deliveries, raises target for supercharging stations to 2,700 by year-end
Li Auto raised target number of supercharging stations from 2,000 to 2,700 by the end of this year and offers a five-year, worry-free car ownership benefit for the Li Mega to increase the model's appeal.
Li Auto CEO vows to fight back as negative comments threaten to derail Li Mega's prospect
Li Auto CEO said the company will fight back against organized crimes, as Li Mega's design has been hit with an avalanche of negative comments over the past few days.
Li Mega review: It's a head-turner, questions remain on high price
The Li Mega has a strange futuristic presence. It’s a head-turner. Questions remain if the high price will turn consumers away in the long run.
