Li Auto Inc. Unveils Li L8, Its Six-Seat, Large Premium Smart SUV for Families, and Li L7, Its Five-Seat, Large Flagship Smart SUV for Families

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Go back to Li Auto Inc. Unveils Li L8, Its Six-Seat, Large Premium Smart SUV for Families, and Li L7, Its Five-Seat, Large Flagship Smart SUV for Families

Li Auto (LI), XPeng (XPEV), and Nio (NIO) Report September Sales

October 3, 2022 7:40 AM EDT

Chinese electric vehicle companys Li Auto (NASDAQ: LI), Nio Inc (NYSE: NIO), and XPeng (NYSE: XPEV) reported September sales/delivery numbers, with Li Auto leading the pack.

LI reported 11.5k unit deliveries in September, up... More

LI Auto (LI) Launches L7 and L8 Electric SUVs

October 3, 2022 7:22 AM EDT

Shares of electric vehicle maker, LI Auto (NASDAQ: LI) are down 0.04% in pre-market trading Monday morning after the company launched their L8 and L7 SUVs.

The L8 is priced at RMB359.8k for the SS Pro version and RMB399.8k for the SS Max version. The L7 is priced at RMB339.8k (Pro version)/RMB379.8k (Max version), with each version RMB20k lower than that of L8.

The SS Pro is equipped... More

UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'

September 30, 2022 7:24 AM EDT

UBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year.

Analyst, Patrick Hummel wrote in a note that it is overwhelmingly likely that rapidly weakening macro data have a severe negative impact on auto demand in 2023, in all... More