Li Auto Team
Li Auto further cuts 2024 sales target to around 480,000 units, report says
This is the second cut after Li Auto lowered its 2024 sales target from 800,000 units to 560,000-640,000 units.
Li Auto reportedly merges sales and delivery teams for higher volume
Li Auto has merged its sales and delivery teams to eliminate possible conflicts of interest between the two in order to better sell cars.
Some employees at Li Auto Beijing plant reportedly taking extra break as Li Mega sales remain weak
Thousands of completed Li Megas are currently parked in the parking lot of Li Auto's Beijing plant, according to local media.
Li Auto laying off over 18% of its workforce, report says
Li Auto is reportedly undergoing massive layoffs that could involve more than 5,600 people, as sales fall short of expectations, according to local media.
Li Auto fires 2 employees for unauthorized paid interviews
The actions of the two employees led to the leakage of the company's trade secrets, with serious consequences, Li Auto said.
Li Auto gives employees big year-end bonuses for exceeding target in 2023
Li Auto CEO said the company is learning from Huawei's management process and benefit sharing system.
Factbox: How many employees do Nio, Xpeng, Li Auto have?
At the end of 2022, Nio had 26,763 full-time employees, higher than Li Auto's 19,396 and Xpeng's 15,829.
Li Auto aims to be world-leading AI firm by 2030
City NOA capabilities that enable end-to-end training without relying on high-precision maps will be available by the end of 2023 and will be an important starting point for Software 2.0's transformation of the physical world, said Li Auto's CEO.
Li Auto sees management reshuffle with Shen Yannan resigning as president and director
Shen has served as president of Li Auto since November 2015. His last day with the company is expected to be around the end of June 2023.
Li Auto's AI algorithm head reportedly to leave
The outgoing Wang Yilun is mainly responsible for AI algorithm development work including smart driving perception and mapping at Li Auto, according to local media.
