Leading domestic EV manufacturer Li Auto signed a tripartite strategic cooperation agreement today with NVIDIA.
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Leading domestic electric vehicle startup Li Auto will hold a strategic cooperation signing ceremony on Sept. 22 with chip-making giant Nvidia.
On the evening of Sept. 7, a car blogger surnamed Feng posted a video on Weibo, saying that Li Auto’s sole model Li ONE had another "broken axle" incident.
We’re going to provide a brief list of China’s most valuable automobile companies by market capitalization as of August 2020.
Chinese EV maker Li Auto announced its August delivery data on Sept. 2, which shows that the company delivered 2,711 Li ONE vehicles, the first and sole model of Li Auto, in August, a record high in monthly deliveries.
Many Chinese concept shares (CCS) plummeted after Monday’s closing. New popular electric vehicle stocks Xpeng Motor plunged 10.05%, Li Auto fell 7.39%, but NIO bucked the trend and rose 2.86%.
On Aug. 25, UBS boosted the rating of NIO from "sell" to "neutral" and bumped its price target from $1.00 to $16.30.
The cumulative sales of Li Auto’s sole model, the Li ONE, from January to July 2020 reached 12,182 units, once again topping the list of China’s new energy medium and large SUVs.
A burning Li ONE vehicle was discovered at around 4 p.m. on Aug. 6 on the Sihui and Lianzhou expressways in Zhaoqing City, Guangdong Province.
Less than two weeks before announcing a $500 million series C+ round of financing, Xpeng Motors has once again raised $300 million in financing, Chinese tech media 36Kr reported, citing a source with knowledge of the matter.
Chinese fast-growing electric vehicle maker Li Auto kicked off trading on July 30 on the Nasdaq Global Market with its share price soaring 43.13% from its IPO price of $11.5.
NIO’s domestic rival, Beijing-based electric vehicle startup Li Auto’s initial public offering in the US has been fully subscribed for a whopping $950 million, Reuters’ IFR reported.
Li Auto updated its prospectus on July 25 and publicly issued 95 million American depository shares (ADSs) to U.S. investors with an issue price ranging from $8 to $10 per ADSs.
Chinese electric vehicle maker Li Auto has filed for a U.S. initial public offering, aiming to list its shares on the Nasdaq Global Market on July 31.