Li Auto Inc. Announces Unaudited Third Quarter 2022 Financial Results

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Chinese EV brand Zeekr files for U.S. IPO

December 13, 2022 1:52 PM EST

China's Geely Automobile Holdings Ltd announced Tuesday that the companys electric car brand, Zeekr, has confidentially filed for a U.S. initial public offering, in what would be the first major Chinese listing in the country in nearly two years.

Reuters on Monday exclusively reported that Zeekr was... More

Li Auto (LI) announces management and board changes

December 9, 2022 1:30 PM EST

Chinese electric vehicle maker, Li Auto (NASDAQ: LI) announced today that the companys president and director, Mr. Yanan Shen has resigned to devote more time to his personal affairs. The resignation will take effect on January 1, 2023. Mr. Shen will stay with the Company to support the Companys continued efforts in the organizational upgrades to prepare for its future success.

The electric automaker also announced that the board has promoted Mr. Donghui Ma, chief engineer, as the president and appointed him as a director of the Company, effective on January 1, 2023. Mr. Yan Xie,... More

Li Auto Inc. (LI) Misses Q3 EPS, Revenue

December 9, 2022 6:28 AM EST

Li Auto Inc. (NASDAQ: LI) reported Q3 EPS of (RMB1.27), RMB0.72 worse than the analyst estimate of (RMB0.55). Revenue for the quarter came in at RMB9.34 billion versus the consensus estimate of RMB9.99 billion. Quarterly deliveries reached 26,524... More