Etiqueta: li auto

Citi says Aito’s new M7 72-hours orders hit over 10,000 units and Nio‘s (NIO) orders from last week increased to 6,000 units, up 43% week-over-year. The firm believ...

The cheapest Volvo EV so far was officially launched in China over the weekend. Volvo launched the EX30 in China...

Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS was $0.17 missed the analyst consensus estimate of $0.35. The stock price dropped after the results. Vehicle sales increased 32.3% to $3.4 billion, mainly attributable to the increase in vehicle deliveries. Total vehicle deliveries were 80,400 units in the quarter, an 52.9% Y/Y increase. Also Read:

Chinese electric car manufacturers BYD and Chery are in ongoing discussions with the Turkish government on potential electric vehicle (EV) factories.

Last week, a strike occurred at the BYD factory in Wuxi, Jiangsu province, China. Images and short videos circulating online showed a large gathering of

Global EV registrations were up 19% year on year in March, reaching more than 1.3 million units. The BYD Qin Plus enjoyed particular success.

BYD has emerged as a leading EV producer, growing profitably. Click here to find out why BYDDF stock is a Hold.

China’s leading electric car maker, BYD, just hit a new YTD EV sales record last week in its home country....