Company Profile
Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles.
Similarly, Is Li Auto listed in China?
Aug 12 (Reuters) – Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing. The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.
What cars does Li Auto make? The company’s current market cap notably makes it larger than more established carmakers including Kia, Subaru, Nissan and Renault. Headquartered in Beijing, the company employs more than 2500 people, and claims to have delivered a total of 90,491 cars in 2021, an increase of 177.4 per cent compared to 2020.
Thereof, Who invested Li Auto?
Xiang Li , founder, chairman, and chief executive officer of Li Auto , commented, « On behalf of our board and the Company’s management team, we would like to thank Kai for his significant contribution to Li Auto’s research and development and wish him all the best in his future personal and career endeavors. »
What is special about Li Auto?
Li Auto sells Extended-Range Electric Vehicles, which are essentially EVs that also have a small gasoline engine that can generate additional electric power for the battery. This reduces the need for EV-charging infrastructure, which is currently limited in China.
What was Li Auto IPO price?
Li Auto raised about $1.3 billion in its U.S. initial public offering a year ago. Its shares have traded at more than three times the offer price of $11.50, riding on investor enthusiasm for EV makers. The stock closed at $31.35 on Thursday.
Why Li Auto is going down?
Shares of Li Auto Inc. LI, +5.54% dropped 3.8% in premarket trading Monday, after the China-based electric vehicle maker cut its outlook for third-quarter deliveries, citing the slower-than-expected recovery in the supply of semiconductors.
Where does Li Auto sell their cars?
Li Auto is making a place for itself in the competitive China electric vehicle market. When tallying up electric vehicle (EV) sales globally, China tops the list. In the first half of 2021, nearly 1.1 million EVs were sold in China — more than 40% of the EV units sold worldwide during that period.
How many cars did Li Auto sell?
Li One, delivered to customers at the end of 2019, has been seen as a rival to Toyota’s Highlander, one of the bestselling gas-guzzling SUVs in China. In October Li Auto delivered 7,649 vehicles, a jump of 107 per cent on year.
Does Li Auto make their own cars?
Li Auto, listed in both New York and Hong Kong, currently has only one production model, the Li One, available on the mainland market. The mid-size SUV with extended battery-range technology, is priced at 338,000 yuan with a driving range of 800 kilometres.
Does Li Auto make its own cars?
Li Auto started up in 2015 and has one vehicle in production: the Li One. Still, it’s a worthy contender in China’s hot EV space.
Who is backing Li Auto?
This Warren Buffett-Backed Chinese Automaker Sold More EVs Than Xpeng, Li Auto, Nio Combined In 2021. [TODAY ONLY] Get 50% OFF and get 2 bear market-beating options trades straight to your inbox and SMS every month! Click Here Now to Get Started! combined for the full year as well.
How can I get LIC IPO shares?
You can apply for an IPO using your UPI ID as a payment method. All you have to do is inform your broker to submit the IPO application using your UPI ID. The Applications Supported by Blocked Amount (ASBA) and UPI Mechanism are available to eligible policyholders bidding in the Policyholder Reservation Portion.
Is NIO in danger of being delisted?
Your Takeaway on NIO Stock
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange.
Is NIO a Chinese stock?
( China ) – NYSE:NIO – Stock Quote & News – TheStreet.
…
NIO Inc. (China) (NIO)
| Prev Close | 19.46 |
|---|---|
| Open | 19.55 |
| Day Low/High | 19.03 / 20.56 |
| 52 Wk Low/High | 13.01 / 55.13 |
| Volume | 50.31M |
Why is Li Auto dropping?
Shares of Li Auto Inc. LI, -4.87% dropped 3.8% in premarket trading Monday, after the China-based electric vehicle maker cut its outlook for third-quarter deliveries, citing the slower-than-expected recovery in the supply of semiconductors.
How much is a NIO car?
The electric car is set to begin deliveries in September 2022, with pre-subsidy prices starting at 328,000 yuan ($51,250) for models that come with a battery.
How many cars did Li sell in 2021?
For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.
What are NIO cars?
NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company is also involved in the FIA Formula E Championship, although NIO has ended funding the team after selling to Lisheng Racing.
Is Li Auto a SPAC?
Li Auto (NASDAQ:LI) has several key features that elevate it over rivals. For one, it debuted via an initial public offering (IPO) rather than a SPAC. This means LI stock had to do a traditional roadshow and endure the thorough underwriting process from investment banks.
How many vehicles does Li Auto have?
For the first quarter, Li Auto said it had delivered 31,716 vehicles, an increase of 152.1% year on year.
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