Welcome to our dedicated page for Li Auto news (Ticker: LI), a resource for investors and traders seeking the latest updates and insights on Li Auto stock.
Li Auto Inc. (LI) is an automobile manufacturer in China’s new energy vehicle market that regularly publishes detailed delivery and financial updates. Its news releases cover monthly and quarterly vehicle deliveries, cumulative deliveries, and changes in its network of retail stores, servicing centers, and super charging stations in China. These updates provide a view into how Li Auto’s premium smart electric vehicles are performing with family users in the NEV segment.
Investors following Li Auto news will find recurring announcements on unaudited quarterly financial results, including total revenues, vehicle sales, margins, operating expenses, and net income or loss. The company also issues news about product launches, such as its Li i6 and Li i8 battery electric SUVs, and developments related to its Li L series extended-range electric SUVs and flagship family MPV. These stories often highlight vehicle design, platform architecture, and the positioning of new models within China’s premium NEV market.
Li Auto’s news flow also features updates on smart and AI technologies, including the rollout of its VLA Driver large model, Li Xiang Tong Xue Agent, and major OTA software releases. The company reports on its expanding super charging network and its early steps in global expansion, such as opening overseas authorized retail stores and introducing models in markets like Central Asia. Earnings call announcements and board meeting notices appear in its press releases as well.
This LI news page aggregates those company-issued updates in one place, enabling readers to track delivery trends, product introductions, technology milestones, and strategic expansion moves over time.
Li Auto Inc. has announced the adoption of a 2021 Share Incentive Plan, allowing for the issuance of up to 108,557,400 Class B ordinary shares. The plan includes options granted to CEO Xiang Li at an exercise price of US$14.63 per share, linked to vehicle delivery targets. The first tranche vests after exceeding 500,000 deliveries in 12 months, with subsequent tranches based on higher delivery milestones. In 2020, Li Auto delivered 32,624 vehicles, showing early success in the smart electric vehicle sector.
Li Auto Inc. (Nasdaq: LI) reported strong delivery figures for February 2021, with 2,300 units of the Li ONE delivered, marking a 755.0% year-over-year increase and bringing total cumulative deliveries to 41,276. The company attributed its February performance to seasonal factors and localized COVID-19 outbreaks, yet remains optimistic about future growth due to its expanding sales network, now totaling 60 retail stores and 125 servicing centers across 90 cities. Li Auto continues to focus on expanding its product line and enhancing its market presence.
Li Auto Inc. (Nasdaq: LI) reported robust financial results for Q4 and FY 2020, with total revenues of RMB4.15 billion (US$635.5 million) in Q4, a 65.2% increase from Q3. The company delivered 14,464 vehicles in Q4, marking a 67.0% quarter-over-quarter rise. Full-year revenues reached RMB9.46 billion (US$1.45 billion) with gross margins at 16.4%. Operating cash flow nearly doubled to RMB1.82 billion (US$279.1 million) in Q4. January 2021 deliveries reached 5,379 vehicles, a 355.8% year-over-year increase. Li Auto has also launched new R&D initiatives to further enhance its EV technologies.
Li Auto Inc. (Nasdaq: LI) announced it will release its unaudited financial results for Q4 and the full year 2020 on February 25, 2021, before U.S. market opening. A conference call will be held the same day at 7:30 A.M. ET. Participants can register online to receive access information. A replay of the call will be available until March 5, 2021. Li Auto, an innovator in China's new energy vehicle market, focuses on premium smart electric SUVs, having successfully launched its first model, Li ONE, in November 2019.
Li Auto Inc. (Nasdaq: LI) announced the results of the safety evaluation for its vehicle, Li ONE, conducted by the China Insurance Automotive Safety Index (C-IASI). Li ONE achieved a G rating, the highest safety score, in three out of four categories: occupant safety, pedestrian safety, and assistance safety. It received an M rating for crashworthiness and repair economy, marking it as one of the top performers among premium SUVs. The Company emphasizes its commitment to safety by increasing investments in research and development for better vehicle quality and safety.
Li Auto Inc. (Nasdaq: LI) reported delivering 6,126 Li ONEs in December 2020, a 31.9% month-over-month and 529.6% year-over-year increase. The fourth quarter deliveries totaled 14,464, exceeding guidance by 20.5% and up 67.0% from Q3. Cumulative deliveries surpassed 30,000 as of December 18, 2020, a record for new energy vehicle manufacturers. The company also grew its retail presence to 52 stores across 41 cities and plans to enhance its sales and servicing network.
Li Auto Inc. (Nasdaq: LI) announced a follow-on offering of 47 million American depositary shares (ADSs) priced at $29.00 each, totaling approximately $1.37 billion. The underwriters have a 30-day option to purchase an additional 7.05 million ADSs. This offering is expected to close on December 8, 2020. Proceeds will support R&D for next-gen electric vehicle technologies, a new BEV platform, and autonomous driving solutions. Goldman Sachs, UBS, and China International Capital Corporation are the joint bookrunners for this offering.
Li Auto Inc. (Nasdaq: LI) plans to conduct a public offering of 47 million American depositary shares, each representing two Class A ordinary shares, with a 30-day option for underwriters to purchase an additional 7.05 million ADSs. The funds will support R&D in electric vehicle technologies, next-generation platforms, and autonomous driving solutions. The offering will be managed by Goldman Sachs, UBS, and China International Capital Corporation. A preliminary prospectus is available on Li Auto's website.
Li Auto Inc. (Nasdaq: LI) announced a successful November 2020, delivering 4,646 Li ONE vehicles, contributing to over 5,000 units produced and an increase in new orders. This performance reflects the Company's continuing growth in China's new energy vehicle market. As of November 30, 2020, Li Auto expanded its presence with 45 retail stores in 38 cities and 97 servicing centers across 72 cities. The company aims to enhance its direct sales and servicing network, reinforcing its commitment to customer demand and operational efficiency.
Li Auto Inc. reported its Q3 2020 financial results with total revenues of RMB2.51 billion (US$369.8 million), a 28.9% increase from Q2 2020. Vehicle deliveries reached 8,660, marking a 31.1% quarter-over-quarter increase. Gross profit rose to RMB496.8 million (US$73.2 million), up 91.3% from the previous quarter. Despite this, the net loss expanded to RMB106.9 million (US$15.7 million), a 42.2% increase from Q2. The company expects 11,000 to 12,000 vehicle deliveries in Q4 2020, reflecting continued growth.