Li Auto
Nio most shorted Chinese ADR in Sept, says Morgan Stanley
New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.
...
Li Auto terminates $2 billion at-the-market equity offering after raising over $500 million
Li Auto announced last June 28 that it would sell up to a total of $2 billion in ADSs on Nasdaq in an ATM stock offering program.
...
Li Auto reaches 500,000th delivery milestone
As of today, Li Auto's cumulative deliveries so far this month stand at 34,501 units.
...
China EV insurance registrations for week ending Sept 24: Nio 4,000, Li Auto 9,000, Tesla 13,500
Between September 1 and September 24, Nio was at 13,900 units, Xpeng at 10,400 units, Li Auto at 29,200 units, Tesla at 35,900 units and BYD at 176,200 units.
...
Li Auto sees 500,000th production vehicle roll off line
Cumulative deliveries of the discontinued Li One exceed 210,000 units and cumulative deliveries of the Li L9 have exceeded 100,000 units.
...
Li Auto has no plans to make phones, CEO says
A prominent product manager in China's smartphone industry has joined Li Auto, sparking speculation that the carmaker may follow Nio and make phones.
...
Food delivery giant Meituan's CEO further cuts holdings in Li Auto
Wang Xing, CEO of Meituan, cashed in about HK$311 million last week in four consecutive sell-offs of Li Auto's Hong Kong-traded shares.
...
China EV insurance registrations for week ending Sept 17: Nio 3,900, Li Auto 9,100, Tesla 8,500
Between September 1 and September 17, Li Auto was 20,100, Nio was 9,900 and Xpeng was 6,900.
...
Li Auto's 1st BEV, Li Mega, looks like Chinese high-speed rail train, video shows
A high-definition video shows what the Li Mega looks like. The model will be launched in December, with deliveries beginning next February.
...
China EV insurance registrations for week ending Sept 10: Tesla 10,700, Li Auto 8,500, Nio 3,800
Most EV makers saw a dip in insurance registrations last week, as it was the beginning of the month, when deliveries are usually slow, while the week before included the last days
...