Li Auto, Guangzhou And Geely Trump Legacy Automakers In China EV Market
In a significant shift in China’s electric vehicle (EV) market, traditional automakers are being outpaced by local EV manufacturers, The Wall Street Journal reports. Traditional automakers are also feeling the pressure to adapt their strategies to the burgeoning EV market. Approximately one…
Li Auto Inc. Announces The Adoption Of NVIDIA’s Next Generation Autonomous Driving Smart Chip Orin
Li Auto Inc., an innovator in China’s new energy vehicle market, announced a three-way strategic cooperation with NVIDIA Corporation, the world’s leading artificial intelligence computing company, and NVIDIA’s Chinese partner, Huizhou Desay SV Automotive. Through this strategic cooperation, Li Auto…
China’s Electric SUV Maker Li Auto Raises $1.1 Billion In US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 billion through its debut on Nasdaq. The Beijing-based company is…
Chinese Electric Vehicle Maker Li Auto Aims To Raise Up To $950 Million In Growth Push
Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year. The five-year-old automaker,…
