Li Auto says HK financing to be used for capacity expansion and charging facilities
Li Auto will focus on electric drive technology and the development of next-generation extended-range technology and 400kW high-speed charging technology.
Li Auto reportedly considering European production site
Li Auto is considering the possibility of building an offshore production site to serve as a stepping stone for its entry into the global market, the SCMP reported.
Li Auto makes lackluster HK debut
Li Auto followed in the footsteps of Xpeng in listing in Hong Kong, though the pricing does not appear to be attractive to investors.
Chinese EV startup Aiways said to be considering US IPO as soon as this year
Aiways is working with underwriters to prepare for the IPO, which could raise about $300 million.
Analysts give BYD target valuation of RMB 1.5 trillion
Following analysts' claims not long ago that BYD would move toward a market capitalization of RMB 1 trillion, there is now a more optimistic team.
Nio's William Li visited SAIC-GM-Wuling, maker of Mini EV
William Li, the founder, chairman, and CEO of Nio, recently visited SAIC-GM-Wuling, the maker of China's best-selling electric vehicle, the Mini EV.
Goldman Sachs gives Li Auto's H-shares initial rating of "Buy" with target price of HK$240
This represents a 103 percent upside compared to Li Auto's offering price of HK$118.
China steps up regulation of smart car industry
As the smart car industry grows rapidly, China is also accelerating its regulatory policies.
Carmakers, including Geely and WM Motor, call for regulating flow of used EV batteries
Car companies including Geely, WM Motor, Hozon Auto and Leap Motor have joined with battery companies to issue a statement calling for regulating the flow of used electric vehicle batteries.
China's LFP battery installation exceeds ternary battery for first time this year
The installed base of lithium iron phosphate batteries rose 235.5 percent in July, compared with a 67.5 percent increase for ternary batteries.