China EV trio rises in Hong Kong as new product launches near
As of press time, Nio was up 2.48 percent to a new high so far this month. Li Auto was up 10.62 percent to a new high since early April.
Li Auto to launch L9 on June 21, CEO expects over 10,000 deliveries in September
Li Auto has produced thousands of L9 SUVs, which will be shipped to all its stores in July and deliveries will begin in August.
Li Auto delivers 11,496 vehicles in May, up 176% from April
Li Auto's parts suppliers in the Yangtze River Delta region have not fully recovered, and it continues to experience challenges with parts…
Li Auto to build SiC chip R&D and production base in Suzhou
The base will start construction in mid-June, with prototype production expected to begin in May 2023 and full production in 2024.
Li Auto reportedly cuts this year’s sales target by 15%
Li Auto originally planned to sell 200,000 vehicles this year, but now believes that target will not be met given the current challenging…
Li Auto joins non-profit organization for sustainable leather sourcing
Li Auto will build on the LWG platform to develop more environmentally friendly products, the company said.
Xpeng, Li Auto in spotlight for terminating job offers for fresh graduates
Dismissing an offer or laying off employees is normal for a company, but in China, things get delicate when it comes to groups that are…
Nio extends gains in Hong Kong, while Xpeng and Li Auto fall
Nio has risen for a fourth straight day in Hong Kong, bringing its cumulative gain since May 13 to about 30 percent.
Tiger Global increases bets on Xpeng, Li Auto in Q1
Tiger Global increased its stake in Xpeng by 120.33 percent and in Li Auto by 167.35 percent in the first quarter. The fund does not own any…
Hillhouse Capital liquidates Nio, Xpeng in Q1, cuts position in Li Auto by 50%
At the end of the fourth quarter last year, it held 350,000 shares of Nio worth $11,088,000 and 666,500 shares of Xpeng worth $33,545,000.