By 2025, Li Auto will have 3,000 supercharging stations, which will cost a total of RMB 10 billion, the company's CEO said last week.
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In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data.
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If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.
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Li Auto's delivery guidance for the first quarter is 52,000 to 55,000 vehicles, and the latest figures mean it is on track to deliver between 20,239 and 23,239 vehicles in March.
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Li Auto's single car price in 2022 was around 51,000 USD, and the single car loss was approximately 2,200 USD.
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At the end of January, Li Auto had 272,475 cumulative deliveries and more than 70 percent of its owners had installed home chargers.
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Vehicle insurance registrations for many NEV companies continued to rebound last week, with Tesla registering significant growth.
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Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to achieve that goal in the second quarter.
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Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to achieve that goal in the second quarter.
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If Li Auto maintains the current level of demand for the second half of the year, there would be upside to consensus estimates, according to Edison Yu's team.
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