Li Auto (LI) announces management and board changes

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Li Auto Inc. Announces Unaudited Third Quarter 2022 Financial Results

December 9, 2022 3:31 AM EST

Quarterly total revenues reached RMB9.34 billion (US$1.31 billion)1Quarterly deliveries reached 26,524 vehicles

BEIJING, China, Dec. 09, 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 its unaudited financial results for the quarter ended September 30, 2022.

Operating Highlights for the Third Quarter of 2022

Total vehicle deliveries were 26,524 units in the third quarter of 2022, representing a 5.6% year-over-year increase.... More

Li Auto Inc. Announces Management and Board Changes

December 9, 2022 3:29 AM EST

BEIJING, China, Dec. 09, 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 Mr. Yanan Shen, president and director, has tendered his resignation as the president and a director of the Company in order to devote more time to his personal affairs, effective 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.

In addition, the Companys board of directors has promoted Mr.... More

American Lithium Looks to “Spin Out” Uranium Assets to Independent Public Company

December 7, 2022 6:00 AM EST

VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- American Lithium Corp. (American Lithium or the Company) (TSX-V:LI | OTCQB:LIACF | Frankfurt: 5LA1) is pleased to announce that after a review by the Company, along with its advisors, it has made the decision to pursue a spin-out of its Macusani Uranium Project (the Macusani Project) into an independent public company (the Transaction).

The Company views a spin-out of the Macusani Project into a stand-alone vehicle as the preferred route to generate value for American Lithium and its... More