Li Auto confirms CTO Wang Kai will leave
Wang will continue to serve as a senior advisor to the company until December 31, 2022, to ensure a smooth transition, Li Auto said.
Li Auto posts Q4 revenue of $1.67 billion, beating expectations
Li Auto's guidance for first quarter deliveries is 30,000-32,000 vehicles, the same as its previous guidance for the fourth quarter of last year.
Nio, Xpeng, Li Auto to take stake in battery maker Sunwoda’s subsidiary
An affiliate of Li Auto will invest RMB 400 million and a fund related to Nio's William Li will invest RMB 250 million.
After Nio, Xpeng, Li Auto to get involved in SiC chip development
Li Auto will form a joint venture with SiC chip maker Sanan Semiconductor and hold a 70 percent stake in the company, a regulatory filing shows.
Fitch says Nio, Xpeng, Li Auto thrive on products and ecosystems, but warns on competition
Nio, Xpeng, Li Auto thrive on products and ecosystems, but fierce competition requires significant investment to stay competitive, according to Fitch.
Xpeng, Li Auto added to Hang Seng Tech Index
Joining the index means they will have access to passive inflows from those ETFs that track the index.
Li Auto to report Q4 earnings on Feb 25, what to watch?
Deutsche Bank maintains a Hold rating on Li Auto and a $34 price target, implying a 14.8 percent upside.
Steve Cohen’s Point72 increases position in Xpeng in Q4, liquidates Li Auto
Point72 increased its holdings in Xpeng by 695 percent in the fourth quarter, but sold all of its shares in Li Auto. It does not hold shares of Nio.
Li Auto to report Q4 earnings on Feb 25
Li Auto delivered 35,221 vehicles in the fourth quarter of last year, above the previous guidance range of 30,000-32,000 vehicles.
Li Auto CTO Wang Kai reportedly to leave
Wang, who joined Li Auto in September 2020, will be the highest-ranking executive to leave Li Auto since its inception.