Li Auto (LI) Drops After Updating Delivery Outlook

Nio Inc. (NIO) Buys Stake in GreenWing Resources

Shares of Nio Inc. (NYSE: NIO) are up 2.78% in mid-day trading Monday following an announced strategic funding transaction with Australian lithium company, Greenwing Resources.

According to a press release by Greenwing, NIO has agreed to pay $12,000,000 to Greenwing to subscribe for 21,818,182 Greenwing shares at a deemed issue price of $0.55 per... More

Li Auto (LI) Down After Slashing Q3 Vehicle Deliveries Forecast

Li Auto (NASDAQ: LI) is down over 2% in pre-open Monday after cutting its vehicle deliveries guidance for the third quarter. Li slashed the forecast to 25,500 EV units, which is still ahead of the Bloomberg consensus of 24,641 units, but lower than the prior range of... More

Xpeng (XPEV) CEO buys back 2.2 million shares

According to Chinese media, He Xiaopeng, founder and CEO of Chinese electric vehicle maker Xpeng Motors (NYSE: XPEV), purchased 2.2 million shares of the company's American shares from the market.

He paid almost US$30 million for the shares on the open market, September 23rd, based on the average price of $13.58 disclosed in a Hong Kong stock exchange filing on Sunday. The automaker went public in New York in... More

XPeng (XPEV) Adjusts Configurations of G9 Flagship SUV in Response to High Demand for Optional Spec (earlier)

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... More

Li Auto (LI) Lowers Q3 Delivery Guidance, Now Expects 25.5K Vehicles

Li Auto Inc. (Nasdaq: LI) 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... More

Morgan Stanley Says Investors and Consumers Appreciate Li Auto (LI) Pipeline Visibility, PT $53

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $53.00 price target on Li Auto (NASDAQ: LI).

The analyst comments "Investors and consumers will appreciate the visibility in the model pipeline Though no details on the launch timing of L6 were... More

Li Auto (LI) to Early Launch Li L8, Its Six-Seat, Large Premium Smart SUV, on September 30

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... More