Li Auto’s Q1 revenue guidance forecasts a YOY decline between 8.7% and 3.5%, marking its first revenue decline in years.
The world’s biggest maker of electric vehicle batteries posted a 15% rise in net income to 50.7 billion yuan ($9.37 billion) ...
Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.
The company is developing a lower-cost Model Y, internally known as "E41," with production expected to begin in Shanghai by ...
While Li Auto’s focus on extended-range electric vehicles for families has been key to its success since its inception a decade ago, the company now faces intensifying competition. It’s vying for ...
Hong Kong stocks rose on Friday, halting a five-day slump, as investors resumed buying tech companies on optimism advances in ...
Sources say the new EV will be a smaller Model Y, with mass production starting in 2026. Local rivals like BYD are eroding ...
The US company’s share of the world’s largest EV market has dropped to 4.3 per cent from more than 16 per cent in 2022.
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The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
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