Li Auto

Li Auto adds to gloomy China EV outlook with revenue miss

In Q3, the company’s revenue falls by 36%, the worst drop since its US listing in 2020

Li Auto's Li Mega electric minivan. Of the "new trio" of China's car industry, the company hints most strongly at what happens when it all goes right.
THINKING ALOUD

Investing in China’s EV darlings is a lopsided bet 

Your reward for stumbling onto the next big thing could be to own something too much like the last big thing

Li Auto delivered 80,400 vehicles last quarter, including the first shipments of its first battery-electric model – the seven-seat MEGA van.

Li Auto sales disappoint amid tepid demand for electric cars

Sales of 24.25 billion yuan missed 26.71 billion yuan estimate

More than 110 new energy vehicle models among a total of 150 new cars are expected to be launched this year, intensifying competition.

China’s state planner warns intensified EV price war on oversupply

CHINA’S state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a ...

BYD, which overtook Tesla to become the world’s largest EV producer in late 2023, saw sales jump 46 per cent year on year to 302,459 vehicles.

Chinese EV makers post strong showing in March after slow start

MARCH is shaping up as a strong month for China’s electric vehicle makers with several reporting double digit sales gains after a slow start to the year due to seasonal holidays.

The new family flagship MEGA Max, touted by Li Auto as the fastest-charging mass-produced car, goes for 559,800 yuan, and deliveries will start on Mar 11.

China’s Li Auto pins hopes on first all-electric model

LI AUTO officially launched on Friday (Mar 1) its first pure electric model MEGA multi-purpose vehicle (MPV), which founder and CEO Li Xiang expects to become the Chinese electric vehicle startup’s to...

Li Auto reports net income of 11.8 billion yuan (S$2.2 billion) last year.

Li Auto jumps 25% as earnings withstand China EV price war

LI AUTO shares soared in Hong Kong after upbeat earnings showed the electric-vehicle maker is showing promise in China’s hyper-competitive market.

BYD has met its ambitious three million target, selling 3.01 million cars in 2023 – in the process overtaking Tesla as the world’s top-selling EV maker.

China automakers miss 2023 sales goal as competition intensifies

JUST a third of Chinese automakers met their annual sales goal in 2023 as competition in the world’s largest car market heats up.

Li Auto has already started taking pre-orders in China for its Mega multi-purpose vehicle at an estimated price of under 600,000 yuan.

China’s Li Auto expects to launch first fully electric car in March

CHINA’S Li Auto said on Sunday (Dec 31) that it expects to launch and begin deliveries of its first fully electric car in March.

Founded in 2015, Li Auto currently offers four extended range hybrid sport utility vehicles targeting family users.

China’s Li Auto to start mass production of its first EV in February

LI AUTO said on Friday (Nov 17) it will start mass production and delivery of its first pure electric vehicle (EV) in February, as the up and coming Chinese automaker bets on fast charging technologie...