Li Auto Archives - Page 4 of 31

Battery Giant CATL Cuts Prices in China

Chinese battery giant CATL is taking the initiative to implement a battery price reduction plan for key car companies, and put forward a price reduction requirement of about 10% to its raw material suppliers.

Li Auto Launches Flagship SUV Li L7

On February 9, Chinese electric vehicle manufacturer Li Auto launched the Li L7, its flagship five-passenger family SUV. The Li L7 lineup includes the Li L7 Air, Li L7 Pro, and Li L7 Max.

Li Auto Sees Resignation from Multiple Departments and Lower Sales Expectations of First Pure EV

As the first electric vehicle maker with a monthly sales volume of over 20,000 units last year, Li Auto greatly reduced the year-end awards of employees. Affected by this, employees in many departments have left their jobs after the Spring Festival holiday.

Chinese EV Industry Concludes Challenging January

Many Chinese electric vehicle manufacturers published their first performance reports of the new year on February 1. Affected by the recent Spring Festival holiday, delivery figures in January were generally unsatisfactory.

Li Auto Founder Releases Vehicle Launch Plan, Lower Year-End Award Triggers Controversy

Li Xiang, the founder of Chinese electric vehicle Li Auto, revealed the cost positioning of each model on Twitter-like Weibo on January 30. However, behind last year's growth in delivery volume, many employees were disappointed about their year-end bonuses.

Li Auto L9 SUV Model Catches Fire in China’s Shandong Province

According to a video circulating across Chinese social media on January 29, an L9, Li Auto's newest SUV, appeared to spontaneously ignite on a roadside in the city of Jinan, Shandong Province. The fire, which was very fierce, fortunately did not result in any casualties.

XPeng Plans to Release Two New EVs and Deliver 200K Units in 2023

On January 28, the first official working day following China's Spring Festival period, He Xiaopeng, Chairman and CEO of electric vehicle firm XPeng, issued an internal letter to all employees in which he briefly reviewed the previous year and put forward new plans for 2023.

Li Auto Aims to Become World’s Leading AI Enterprise in 2030

Li Xiang, the CEO of Chinese electric vehicle maker Li Auto, released a letter to all employees on January 28, mentioning that the company expects to become the global leader in the artificial intelligence industry in 2030.

Visual Perception Bug Found in Li Auto’s L8 Pro

A Li Auto car owner in Shanghai claimed recently that when he was driving at night, the central control screen suddenly showed that a person was following directly behind the vehicle, but upon checking, he found that there was nothing.

Tesla Global VP Grace Tao Explains China Price Adjustment Strategy

Tesla China recently reduced the prices of its Model 3 and Model Y, inciting the frustration of previous buyers and driving an uptick in new customers. On January 9, Grace Tao, global vice president of Tesla, attempted to clarify the company's pricing logic.

Xiaomi Developing Two Car Models Simultaneously

Xiaomi's first car reportedly will be a medium-sized fastback sedan referred to by internal code "Modena," with two versions for which the prices have not yet been decided.

Li Auto Aims at Monthly Delivery of 40,000 EVs

Li Auto, a Chinese electric vehicle company, delivered 21,233 new cars in December of last year, an increase of 50.7% year-on-year. Now, the firm expects that the monthly delivery volumes in 2023 may hit 40,000 units.

EV Charging Firm NaaS Appoints Alex Wu as President and CFO

NaaS, one of the largest and fastest-growing electric vehicle charging service providers in China, announced at the end of last year that the company has appointed Alex Wu as its new CFO and President, effective January 15.

Chinese EV Firms Unveil 2022 Delivery Volume

As the new year commences, China's top electric vehicle manufacturers have been announcing their delivery volume for the final month and entire year of 2022, a challenging period marked by repeated pandemic-induced lockdowns and supply chain shortages.

Li Auto and XPeng Adjust Key Personnel and Organizational Structure

In order to achieve faster and long-term development, various personnel changes and organizational adjustments have recently taken place at Li Auto and XPeng, two Chinese electric vehicle manufacturers.

Li Auto’s Family-Use Models Gain Popularity Among Small Business Owners

Chinese new energy vehicle brand Li Auto has always positioned its car models as suitable for families. In some second-tier cities in China, however, small business owners are also becoming important consumers of Li Auto, and its cars are increasingly being used as company vehicles in this sector.

XPeng’s Company Structure Faces Challenges Amid Low EV Delivery

Chinese electric vehicle maker XPeng sold less than 10,000 units in both October and November, falling behind its rivals. Behind these challenges are reportedly organizational deformities.

Halting of NEV Subsidies Causes Profit Pressure for Chinese Automakers

The new energy vehicle subsidies issued by the Chinese government for the past 13 years are scheduled to end this year. However, the vast majority of domestic NEV enterprises have not yet achieved profitability, and are still investing in large-scale research and development.

Li Auto and NIO’s Vehicle Deliveries in November Reach New High

On December 1, a number of Chinese new energy automobile enterprises announced their new vehicle deliveries data for the month of November. Performance varies, but most of achieved year-on-year sales growth.

Delivery of Li Auto’s L8 and L9 Delayed, Fuel Cards Offered as Compensation

Li Auto announced on November 27 that due to a supply shortage of core auto parts, vehicles that should have been delivered at the end of November as shown in the firm's mobile app will be postponed until December.

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