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Chinese EV maker Li Auto released its unaudited third-quarter earnings on Monday. The financial report shows that its total revenues were 7.78 billion yuan ($1.21 billion) in the third quarter of 2021.
<p>Noong Miyerkules, naglabas ang China Passenger Vehicle Association ng isang pagsusuri ng pambansang merkado ng sasakyan ng pasahero noong Nobyembre 2021.</p>
A new Li Auto model was exposed, which is said to be positioned lower than the Li L9. It is also a medium-to-large SUV, which may be an upgrade of the Li ONE.
Li Auto CEO Li Xiang speaks out on social media: Li MEGA encounters organized smear campaign. Richard Yu and He Xiaopeng show support.
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.
Li Auto previously confirmed it would stop production of Li ONE as it prepares to launch an updated version named the Li L8, accompanied by a price reduction promotion. This series of moves angered many Li ONE consumers who had just bought the car at the original price.
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.
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.
On Aug. 25, UBS boosted the rating of NIO from "sell" to "neutral" and bumped its price target from $1.00 to $16.30.