Li Auto had record weekly order growth over the Labor Day holiday in early May, its CEO said.
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Category: Li Auto
Li Auto sees net income fall in Q1, guidance for Q2 misses expectations
Li Auto guides for second-quarter vehicle deliveries to be in the range of 105,000 to 110,000, meaning it expects to deliver a total of 79,213 to 84,213 vehicles in May and June.
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Some employees at Li Auto Beijing plant reportedly taking extra break as Li Mega sales remain weak
Thousands of completed Li Megas are currently parked in the parking lot of Li Auto's Beijing plant, according to local media.
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Li Auto hit with class lawsuit over Li Mega debacle
Li Auto is accused of exaggerating market demand for the Li Mega and the effectiveness of its operational strategy when it launched the model, allegations that the company refutes.
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Li Auto laying off over 18% of its workforce, report says
Li Auto is reportedly undergoing massive layoffs that could involve more than 5,600 people, as sales fall short of expectations, according to local media.
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China EV insurance registrations for week ending May 12: Nio 4,400, Tesla 9,800, BYD 68,500, Xiaomi 1,100
For May 1-12, Nio was 5,600, Xpeng 2,800, Li Auto 10,800, Xiaomi 2,000, Tesla 16,900, and BYD 101,300 units.
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Li hits May holiday headlines not just for driverless incident
The incident of a Li driving on the highway without a driver along with sales of the L6 and driving results of the May holiday.
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Nio’s orders up 19% in Apr from Mar, Deutsche Bank survey shows
The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
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Li Auto to report Q1 2024 earnings on May 20
Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range.
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China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
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