Li Auto Archives - Page 10 of 11

Lucid Motors Plans Factory in China

On Tuesday EST, Peter Rawlinson, CEO of Lucid Motors, an American electric vehicle company, said that the company is planning to build factories in the Middle East and China sometime around 2025.

China Passenger Car Association: Tesla Sold 54,391 EVs in October

According to data released by the China Passenger Car Association (CPCA) on Monday, the U.S. EV maker Tesla's wholesale volume in China in the month of October (including exports) was 54,391 units.

Xpeng, Li Auto and NIO Announce October Sales – Xpeng Tops Charts

Three Chinese EV makers, Xpeng, Li Auto and NIO, all announced their sales results for October on Monday, with Xpeng ranking first.

MIIT to Cancel Ideal ONE Tax-free Purchase, Li Auto: 2020 Models Remain Unsold

On October 19, the official website of the Ministry of Industry and Information Technology released a catalogue of new energy vehicle models that are to be exempted from its vehicle tax-free purchase list.

Li Auto Initiates Production at Beijing Plant with Annual Capacity of 100,000 EVs

Chinese car manufacturer Li Auto announced the beginning of operations at its green and smart vehicle plant on October 16 in Shunyi District, Beijing.

EV Maker Leapmotor Denies Hong Kong IPO to Raise $1 Billion

Chinese electric-vehicle maker Leapmotor is considering an initial public offering in Hong Kong that could raise at least $1 billion and happen as soon as next year, Bloomberg reported Tuesday. Leapmotor denied the report.

Li Auto Plans to Deliver Li ONEs with Two Radars Missing Due to Chip Shortage

Li Auto announced the "Li ONE Delivery Plan" to customers on its official app on Thursday. Customers can choose the model they like and additional customizations at a later time.

Li Auto Software Update Contains Overlord Clause; Delivery Volume Expected to Decline in Q3

On September 18th, some Li Auto users received an update notification by their intelligent software system but found that the system needed to obtain private data.

Li Auto Reports Decrease of 34.6% in Q2 Net Loss, Expects Q3 Shipments to Top NIO

Chinese electric vehicle manufacturer Li Auto announced its second-quarter financial report on Monday, showing a net loss of 235.5 million yuan, a decrease of 34.6% compared with 360 million yuan in the first quarter of 2021.

Neolix Raises Millions in Its Series B Funding Round

Beijing-based Neolix said it had recently closed a round of Series B funding in which an undisclosed multi-million-dollar amount was raised. The funding was aimed at the large-scale expansion of the company's service network.

Li Auto’s Founder Calls For Unified Language Terms for Automatic Driving in China

This Monday, Li Xiang, the founder of Li Auto, posted a Moment on WeChat saying, "It is suggested to unify the Chinese standard for automatic driving to avoid the misunderstanding of users."

Nio ES8 Driver Dies While Driving with NOP Pilot

On August 12, Lin Wenqin, founder of Meiyihao, died in a traffic accident. The release mentions that Lin's vehicle, a Nio ES8, had its autonomous driving function (NOP pilot status) engaged at the time of the accident.

Li Auto Sets Hong Kong Offering Price at HK $118

Beijing-based EV firm Li Auto has priced its upcoming Hong Kong offering at HK$118 ($15.16) per share. Class A ordinary shares in the company are scheduled to begin trading on the main board of the HKSE on Thursday.

Li Auto Seeks to Raise $1.9 Billion in Hong Kong Offering

Chinese electric vehicle maker Li Auto said on Tuesday that it plans to sell 100 million shares at a maximum offer price of HK$150 per share.

Xpeng’s July Deliveries Exceed 8,000 Units for First Time, With P7 Breaking Growth Record for Three Consecutive Months

Xpeng announced on Monday that it has recorded its highest-ever monthly delivery at 8,040 EVs for July, representing a 228% increase year-over-year, and a 22% increase from the previous month.

Li Auto Passes HKEX Hearing, Opening Door for Dual Listing

Li Auto has passed a listing hearing, with Goldman Sachs and CICC acting as co-sponsors and UBS as its financial adviser.

EV Maker Li Auto to List on Hong Kong Stock Exchange, Sources Say

On Friday, media reports suggest that Li Xiang One had filed for listing on the Hong Kong Stock Exchange in May. The listing follows Xpeng Motors' method of a dual listing, one in Hong Kong and the other overseas. Goldman Sachs one of the underwriters of the deal. Li Xiang One did not respond.