Etiqueta: Li mega

Chinese battery suppliers are making their wares cheaper and faster. Two of the country’s largest battery-makers have announced plans to release EV batteries supporting 6C fast charging this year. CarNewsChina reports that BYD will launch its Blade 2.0 battery in the second half of the year, and CATL will launch its Qilin 2.0 battery by... Read more »

Ultra-fast charging batteries hold promise, but significant infrastructure challenges remain to be addressed.

CATL, BYD working on even faster 6C battery charging tech, report says. As some Chinese electric vehicles (EVs) are just beginning

CATL and BYD are working on faster-charging batteries for electric cars. CATL is planning to launch a new generation of its Qilin battery with a charging rate of 6C in the second half of 2024. BYD is also rumoured to be working on a 6C battery.

CATL plans to launch a second-generation Qilin Battery with a 6C charging multiplier in the second half of 2024, and BYD's second-generation Blade Battery could also be launched in the second half of the year, with a 6C battery in the works.

EV stocks are grappling with lower sales and dwindling profit margins, which has left investors wary of the sector’s long-term outlook. However, the high-end EV market lull offers an excellent opportunity to scoop up some undervalued EV stocks. Though the industry is up against major challenges, denying the sector’s incredible long-term potential is tough. These three EV stocks are some of the best picks to bank on amidst the industry’s...

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss where Li Auto Inc. (NASDAQ:LI) stands in this list and whether it’s a good investment. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, […]

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:

Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670.