Li auto-news: info & news

Li Auto is a Chinese car manufacturer that emerged from a start-up company. The company focuses on the development of electric and hybrid cars and related technologies.

Li Auto – History and structure

Li Auto was founded in April 2015 under the name Beijing CHJ by Li Xiang, after whom the company is named. In 2017, an umbrella company was registered in the Cayman Islands, which later adopted the name Li Auto. In July 2020, the company went public on the Nasdaq in the U.S.

The corporate structure uses variable interest entities (VIE) for legal reasons. These are companies in China that do the actual business and production, in the case of Li Auto especially Beijing CHJ.

They are formally independent of the parent company, but contractually obligated, for example, to leave all profits to it.

The company’s headquarters are located in Beijing, where the research and development department is housed. The vehicles are manufactured in Changzhou in the eastern Chinese province of Jiangsu. There is also a subsidiary in Hong Kong.

Li Auto – Products

Li Auto develops, manufactures and sells cars that belong to the “New Energy Vehicles” (NEV) with alternative propulsion technology. This category is subsidized by the Chinese government and includes electric and fuel cell vehicles as well as plug-in hybrids.

One of the company’s goals is to offer models with increased range compared to conventional electric cars. Therefore, plug-in hybrid technology was initially used. Another focus is on driving assistants and “smart” electronic components.

The first model, the Li One, was unveiled in 2019; the first units were delivered to the Chinese market at the beginning of 2020. It is an SUV with all-wheel drive, equipped with two electric motors and a gasoline engine as a range extender.

Li Auto – Market and competitive environment

Li Auto focuses on the premium segment of the Chinese automotive market. A key partnership is with U.S. semiconductor company Nvidia, which provides processors for the internal computing system. Other technology partners and suppliers include Bosch, CATL, Qualcomm and Saint-Gobain.

Among local competitors, Nio, WM Motor and Xpeng stand out, also focusing on the NEV sector, alongside BAIC, Geely, GAC, SAIC and BYD Auto, which are more broadly positioned.

Internationally, the competitive environment includes manufacturers such as Tesla, BMW, Daimler, the VW Group, Mitsubishi, Toyota, and the Hyundai Group, among others.

Li Auto: electric car maker clearly beats Nio, but falls short of XPeng

Li Auto - Li One Front

BEIJING (IT-Times) – Chinese electric car maker Li Auto today announced its delivery figures for the month of December 2021, once again outpacing domestic rival Nio.

Li Auto again sells significantly more electric cars than rival Nio

BEIJING (IT-Times) – Chinese electric car maker Li Auto today announced its delivery figures for the month of November 2021, again beating domestic rival Nio.

Li Auto: BYD follower surprises Wall Street with electric car sales forecast

BEIJING (IT-Times) – Chinese electric car maker Li Auto today reported its results for the third quarter of the current fiscal year 2021, achieving quarterly revenue of one billion for the first time ever. US Dollar.

Li Auto sells more electric vehicles than rival Nio

BEIJING (IT-Times) – Chinese electric car maker Li Auto today announced its delivery figures for the month of October 2021, beating domestic rival Nio.

Li Auto is outpaced by Nio and XPeng in e-car sales

BEIJING (IT-Times) – Chinese electric car maker Li Auto today announced its delivery figures for the month of September 2021, and was beaten by rivals Nio and XPeng.

Li Auto lowers sales forecast for its own electric cars

BEIJING (IT-Times) – Chinese electric car maker Li Auto today announced it would lower its planned delivery figures for the next quarter.

Li Auto beats Nio and XPeng again in e-car sales

BEIJING (IT-Times) – Chinese electric car producer Li Auto today announced its delivery figures for the month of August 2021 and once again managed to surprise.

Li Auto: BYD follower reports higher loss – share falls sharply

Li Auto - Li One Front

BEIJING (IT-Times) – Chinese electric car maker Li Auto today released its results for the second quarter of the current fiscal year 2021, confirming strong growth.

Li Auto – stock: electric car startup makes sluggish Hong Kong stock market debut

BEIJING (IT-Times) – Chinese electric car maker Li Auto began listing its shares in Hong Kong today, ending its debut day down.

Li Auto: electric car startup puts stock on Hong Kong IPO only at deep discount

BEIJING (IT-Times) – Chinese electric car maker Li Auto has now announced its asking price for the additional listing of its stock in Hong Kong, causing a surprise.

  • Back

Get a head start on knowledge!

Subscribe to our 2x weekly newsletter with the most relevant business news of the week.

You have the opportunity to use our webmaster news tool to read the news from IT-Times.de for free to include on your website.

Tailored to Your branch or. Your interest.

Like this post? Please share to your friends:
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: