Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals. The downsizing efforts are particularly notable […]
Tag: Li Auto
Xiaomi Enters Electric Vehicle Market with SU7 Launch, Aims for 4% Sales Boost Against BYD, Nio, Tesla, and Li Auto
Xiaomi, the Chinese tech giant, is gearing up to unveil its inaugural electric vehicle, the SU7, with deliveries commencing on March 28. CEO Lei Jun […]
Li Auto’s Founder Defends MEGA Against Cultural Backlash: Navigating Challenges in the EV Landscape
Li Xiang, founder of Li Auto, recently took to WeChat Moments to staunchly defend the company’s flagship electric vehicle (EV), MEGA, against mounting criticism. The […]
Li Auto Inc. Drives Impressive Growth: Q4 2023 Revenues Soar to $5.88 Billion, Full Year Deliveries Reach 376,030 Vehicles
Li Auto Inc. recently shared its financial results for the fourth quarter and full year of 2023. In Q4 2023, they achieved total revenues of […]