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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Li Auto guided for first-quarter deliveries of 52,000 to 55,000 vehicles, meaning it expects to deliver a total of 36,859 to 39,859 vehicles in February and March.
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Deutsche Bank believes the true test for Li Auto will come in the second half of the year.
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Insurance registrations for most new energy vehicle (NEV) brands in China were flat or up slightly last week compared to the previous week, the latest figures show.
The post China NEV insurance registrations for week ending Feb 19: BYD 37,026, Tesla 5,913, NIO 3,174 appeared first on CnEVPost.
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The program is only available to a few strategic customers, including NIO, Li Auto, Huawei and Zeekr, and Tesla is not included, according to local media.
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Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
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Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.
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BYD and NIO's numbers were higher than the previous week, while Tesla's were lower than the previous week.
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