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Li Auto Inc - LI STOCK NEWS

Welcome to our dedicated news page for Li Auto (Ticker: LI), a resource for investors and traders seeking the latest updates and insights on Li Auto.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Li Auto's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Li Auto's position in the market.

News
Li Auto Inc. September 2023 Delivery Update
Rhea-AI Summary
Li Auto Inc. delivered 36,060 vehicles in September 2023, a 212.7% YoY increase and set a new monthly record. Q3 deliveries reached 105,108, up 296.3% YoY. Cumulative deliveries in 2023 reached 244,225. Li Auto is capturing an increasing market share and ranks among the top two best-selling NEV brands in the RMB200,000 and higher price segment in China. They also topped the sales chart of SUVs priced above RMB300,000 for six straight months. They completed the roll-out of OTA version 4.6 in September with 25 new features and 10 optimizations. Construction of over 100 super charging stations was completed as of September 30.
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Anna Xu at SuperReturn 2023: HIKE Capital Invests in Visionary Founders to Pioneer Future Innovation
Rhea-AI Summary
HIKE Capital continues to invest in innovative Chinese companies despite challenges in the global macroeconomic and political climate. They believe in the resilience of Chinese entrepreneurs and the potential for groundbreaking innovations in autonomous driving and smart cockpit technology. HIKE Capital has invested in renowned EV companies with significant revenue growth. China's rapidly expanding digital economy and the industrial Internet have driven growth and empowered manufacturing enterprises. HIKE Capital prioritizes partnerships with top entrepreneurs and aims to drive digital transformation. They have a successful track record of investing in unicorn companies.
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End-of-Day
-9.98%
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Cheche Group Drives Growth Through Collaboration with Top NEV Players, Including Li Auto
Rhea-AI Summary
Cheche Group Inc. is recognized for its leadership in the digitization of auto insurance, as highlighted in a recent iResearch report. The company's collaboration with Li Auto, one of China's leading NEV manufacturers, has resulted in a more than 660% increase in production volume compared to last year. Cheche facilitated digital insurance transactions for over 60% of Li Auto's new vehicles, and the number of Li Auto owners expected to use these services is projected to reach 300,000 by year-end. Cheche's valuable contributions have been acknowledged in iResearch's 'Top 30 Service Providers of Insurance Digitization' report. The company is committed to driving digital transformation and innovation in the insurance ecosystem.
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31.45%
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Li Auto Inc. August 2023 Delivery Update
Rhea-AI Summary
Li Auto Inc. delivered 34,914 vehicles in August 2023, up 663.8% YoY, with cumulative deliveries reaching 208,165. The popularity of Li L series models solidified their sales leadership position in China's NEV and premium vehicle markets. They captured over 30% market share in the RMB300,000+ NEV market and held top sales spot among high-end ICE and new energy SUVs priced above RMB300,000 for five straight months. Li Auto plans to launch Li MEGA, their flagship model for families, to become China's best-selling premium auto brand in 2024.
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1.63%
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Li Auto Inc. Announces Unaudited Second Quarter 2023 Financial Results
Rhea-AI Summary
Li Auto Inc. announced its unaudited financial results for the quarter ended June 30, 2023. Total revenues reached RMB28.65 billion ($3.95 billion), representing a 228.1% YoY increase. Quarterly deliveries reached 86,533 vehicles, a 201.6% YoY increase. Vehicle sales were RMB27.97 billion ($3.86 billion), a 229.7% YoY increase. Gross profit was RMB6.24 billion ($859.9 million), a 232.0% YoY increase. Net income was RMB2.31 billion ($318.6 million), a 147.4% YoY increase.
Rhea-AI Impact
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End-of-Day
-8.62%
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Li Auto Inc. July 2023 Delivery Update
Rhea-AI Summary
Li Auto announces delivery of 34,134 vehicles in July, a YoY increase of 227.5% and surpassing 30,000 mark for the second consecutive month. Cumulative deliveries in 2023 reach 173,251. Li Auto becomes the first emerging NEV manufacturer in China to deliver 400,000 vehicles. Li L series models achieve over 200,000 cumulative deliveries and establish themselves as leaders in China's premium automotive market. Li Auto plans to roll out Li Magic Carpet air suspension 2.0 this month.
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3.67%
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Li Auto Inc. to Report Second Quarter 2023 Financial Results on August 8, 2023
Rhea-AI Summary
Li Auto Inc. (LI) to report unaudited financial results for Q2 2023 on August 8, 2023. Earnings conference call scheduled at 8:00 A.M. U.S. Eastern Time. Online registration required. Replay available until August 15, 2023. Webcast accessible at http://ir.lixiang.com.
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-0.81%
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Li Auto Inc. June 2023 Delivery Update
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Li Auto Inc. Hosts Family Tech Day
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Li Auto Inc. May 2023 Delivery Update
Rhea-AI Summary
Li Auto Inc. announced that it delivered 28,277 vehicles in May 2023, a 146.0% YoY increase. The company achieved monthly gross sales exceeding RMB10 billion for the first time, laying a foundation to reach the sales target of RMB100 billion in 2023. Li Auto's cumulative deliveries reached 363,876 vehicles as of the end of May.
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Stock LI logo
Li Auto Inc

Nasdaq:LI

LI Rankings

#432 Ranked by Market Cap
#62 Ranked by Stock Gains
N/A Ranked by Dividends

LI Stock Data

30.20B
1.04B
0.02%
11.66%
2.54%
Automobile Manufacturing
Manufacturing
Link
China
Beijing

About LI

Li Auto Inc., also known as Li Xiang, is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou. In 2015, Li Auto was created by Li Xiang. The company builds electric vehicles that use range extenders for a power supply. The company focuses primarily on premium EREV SUVs for the Chinese market.