Li Auto (LI) Drops After Updating Delivery Outlook

Go back to Li Auto (LI) Drops After Updating Delivery Outlook

Li Auto Inc. Updates Third Quarter Delivery Outlook

September 26, 2022 5:00 AM EDT

BEIJING, China, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today provided an updated delivery outlook for the third quarter of 2022.

The Company now expects to deliver approximately 25,500 vehicles for the third quarter of 2022, revised from the previous vehicle delivery outlook of between 27,000 and 29,000 units. The revision is a direct consequence of the supply chain constraint, while the underlying demand for the Companys vehicles remains robust. The Company will continue to closely collaborate... More

XPeng Adjusts Configurations of G9 Flagship SUV in Response to High Demand for Optional Specs of Cutting-Edge Technologies

September 23, 2022 5:00 PM EDT

 

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced adjustments to the configurations of its G9 Flagship SUV, launched in the Chinese market on September 21. These adjustments reflect the Companys commitment to customer experience, and the high demand for certain specifications of the G9, particularly the optional spec packages of cutting-edge technologies.

This press release features multimedia. View the full release here:... More

Li Auto Inc. to Early Launch Li L8, Its Six-Seat, Large Premium Smart SUV, on September 30, 2022

September 22, 2022 7:28 AM EDT

BEIJING, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that it will host a launch event to unveil Li L8, the Companys six-seat, large premium smart SUV for families priced below RMB400,000, on Friday, September 30, 2022, ahead of schedule. Li L8 will arrive at the Companys retail stores nationwide during the National Day holiday in China and will commence delivery in early November.

We decided to move our launch date for Li L8... More