News
LI
23.87
-3.79%
-0.94
Li Auto begins deliveries of Li L6, addresses key concerns
Li Auto has begun deliveries of the Li L6, the company's cheapest model. The luxury SUV for young families crossed 10,000 orders in 72 hours of launch. The company says there will be no lower-priced Air variant for theLi L6. The Li l6 is starting at RMB 249,800, the lowest-priced model for Li Auto.
CnEVPost · 4h ago
Li Auto to plug into Huawei's charging network
Li Auto App's charging map will soon have access to nearly 200 Huawei supercharging stations. The company plans to roll out more battery electric vehicle (BEV) models. China's Li Auto has 371 charging stations and access to 72,000 third-party charging stations. Li Auto will gain access to 400 4C superchargers and 2,000 fast chargers.
CnEVPost · 5h ago
ANALYSIS-China's EV survival game creates peril - and power
China's electric car market is the world's largest, dominated by Chinese brands. Top-selling 10 models in China have accounted for over half of sales this year. Automakers are expected to launch 110 EVs and plug-in hybrids in 2024. China's leading EV makers have found ways to slash vehicle development time.
Reuters · 12h ago
Tesla extends its gain after Elon Musk says robotaxi fleet could make non-autonomous cars obsolete
CEO Elon Musk says robotaxi fleet could make non-autonomous cars obsolete. Tesla posted a sharp drop in Q1 revenue, deliveries, margins, and EPS from a year ago. Shares of Tesla shot up 10.38% in postmarket trading. Tesla is expected to launch a new model in 2025 or 2024 using aspects of its autonomous technology.
Seeking Alpha · 19h ago
Tesla rallies after pointing to its upcoming affordable models, autonomous upside
Tesla (TSLA) reported revenue fell 8.5% year-over-year in Q1 to $21.30B. The electric vehicle maker's shares rallied 6.29% in after-hours trading to $152.55. Tesla said it delivered 386,810 vehicles in the first quarter. The company said it expects to launch autonomous vehicles in 2025.
Seeking Alpha · 21h ago
Has NIO Stock (NYSE:NIO) Finally Hit Rock Bottom?
TipRanks · 22h ago
UBS Upgrades China Stocks Amid 'Valuation Collapse': What Investors Need to Know
UBS Group AG has lifted its recommendation on a key Chinese stock index to Overweight. Analyst cites resilient earnings as a beacon of hope in an otherwise turbulent market. UBS has issued a downgrade for Taiwan and South Korea markets to Neutral. Chinese equities have shown signs of resilience in recent months.
Benzinga · 22h ago
LI LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Li Auto Inc. Investors to Inquire About Securities Class Action Investigation - LI
Rosen Law Firm continues to investigate potential securities claims on behalf of shareholders of Li Auto Inc. Li Auto may have issued materially misleading business information to the investing public. Rosen Law Firm is a global investor rights law firm. The firm is investigating potential claims against Li Auto.
Barchart · 1d ago
Tesla Pre EPS Turmoil: 3 Long-Term Factors to Consider
NASDAQ · 1d ago
Rivian's Earth-Day Offer: Trade In Your Gas-Powered Car And Get Up To $5K Off On R1 EV
Rivian Automotive, Inc. Announced a discount of up to $5,000 on select gas-powered vehicles on April 22. The discount is available to customers in the U.S. And Canada. Rivian said the discount is in honor of Earth Day. The company is also offering a year of charging on the Rivian Adventure Network.
Benzinga · 1d ago
Li Auto Schedules 2024 Annual General Meeting
TipRanks · 1d ago
China EV insurance registrations for week ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470
Nio vehicles sold 2,990 units in China in the week of April 15-21, up 19.12 percent from the week before. Most of the major electric vehicle companies saw insurance registrations in China rise last week. Li Auto and Xpeng saw declines in sales, while Tesla saw a rise.
CnEVPost · 1d ago
Li Auto May Need to Offer More EV Incentives Amid Intensifying Competition -- Market Talk
Nomura says Li Auto may need to offer more incentives to boost sales. Order numbers for its newest L6 model have been slightly weaker than expected, analysts say. Nomura maintains a buy rating on the stock with a target price of $54.00. Li Auto rival Seres is launching a new version of the Aito M5.
Dow Jones · 1d ago
Li Auto Inc. to Hold Annual General Meeting on May 31, 2024
Li Auto Inc. Will hold an annual general meeting of the Company’s shareholders on May 31, 2024 in Beijing, China. The company is a leader in China's new energy vehicle market. The board of directors of the company fully supports the proposed resolutions for the AGM.
Barchart · 1d ago
Why Nio (NIO) Stock Just Hit a 12-Month Low
Shares of Nio stock closed in the green today. Tesla (NASDAQ:TSLA) recently announced price cuts on its electric vehicles. Li Auto and TSLA stock closed down 5% and 3% respectively. The price cut trend is sweeping across China’s EV market. But does this mean investors should avoid Chinese EV stocks?
Investorplace · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-AZZ, Vanda Pharma, Matterport
U.S. Stocks rose on Monday in choppy trading. The Dow Jones Industrial Average was up 1.01% at 38,371.51. The top three S&P 500 percentage gainers were Ford Motor Co, Nvidia and Vanda Pharma. The market is looking ahead to major tech earnings and a key inflation print this week. AZZ, Vanda Pharmaceutical and Matterport are up on the day.
Reuters · 1d ago
Consumer Sector Update for 04/22/2024: ACI, KR, TSLA, LI
NASDAQ · 1d ago
Why Vaxxinity Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Shares of Vaxxinity, Inc. (NASDAQ:VAXX) fell sharply during Monday's mid-day session. The company announced its intention to voluntarily delist and deregister its Class A common stock. Matterport, Inc., shares jumped 184% to $4.93.
Benzinga · 2d ago
Why Li Auto Stock Is Tumbling Today
Shares of Li Auto have fallen 5.8% today. The electric car company is lowering the price tags on five electric vehicle models. The company's stock is also down more than 10%. Citigroup has lowered its price target on Li Auto's stock to $43.60 from $50.
The Motley Fool · 2d ago
What's Going On With XPeng Stock?
XPeng Inc. Shares are trading lower Monday after Tesla and Li Auto reduced electric vehicle prices in China. XPeng shares are below the stock's 50-day moving average and a new 52-week intraday low. Several EV-makers have introduced new price cuts in China, sparking a price war.
Benzinga · 2d ago
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About LI
Li Auto Inc is a company mainly engaged in the design, development, manufacture and sale of smart electric vehicles. The main products include Li MEGA, high-voltage battery electric vehicle; Li L9, a six-seat flagship family sport utility vehicle (SUV); Li L8, a six-seat family SUV; Li L7, a five-seat flagship family SUV. The Company is also engaged in the provision of value-added services such as paid regular servicing of the vehicle, free vehicle pick-ups and deliveries, unlimited high-speed data plan, discounts on service and products offerings, installation of charging stalls, and vehicle internet connection services.