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The Latest Breaking News from Li

Why Tesla Rivals Nio, Xpeng Are Going Higher In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO) and Xpeng Inc.

Benzinga

Nio Down 6%, Xpeng Falls 5.8% In Hong Kong Today: What's Driving The EV Stocks Down?

Shares of U.S.-listed Chinese electric automakers and Tesla, Inc (NASDAQ: TSLA) rivals Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV), and Li Auto Inc (NASDAQ: LI) fell for the third day

Benzinga

Xpeng, Among Other Chinese Auto Startups, See A Delivery Spike In Q1 Despite Headwinds

Amid a grapple with different headwinds such as a spike in the cost of raw materials and Covid-19 reinvigoration, Chinese auto startup makers Xpeng, Li Auto and Nio are seeing a spike in car deliveries. In Q1 2022, the companies registered higher year-over-year deliveries.

Benzinga

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EV Week In Review: Tesla Asks Investors 'To Split Or Not To', Nio Kickstarts ET7 Deliveries, Production Disruptions Deepen And More

The week ending April 1 proved to be a mixed one, although the major EV manufacturers closed firmly in the green. Tesla, Inc. (NASDAQ: TSLA) shares rose above the $1,100 level before pulling back and yet closed with handsome gains amid company-specific developments.

Benzinga

Cathie Wood-Backed Xpeng Beats Rivals Nio, Li Auto In March Deliveries, Records 148% Sequential Surge

Xpeng Inc (NYSE: XPEV) on Friday reported higher monthly delivery numbers than those of the close local rivals Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) as production bounced

Benzinga

Will chaos in nickel prices disrupt the EV boom?

The nickel market has been in disarray in recent weeks as prices soared to unprecedented levels before going on a freefall amid supply concerns and an unexpected short-squeeze by one of the world’s largest steelmakers. Nickel is one of the most common metal elements in the world used to make…

Benzinga

Fine with fines? Amazon isn't making enough changes to protect warehouse workers, Washington state says

Amazon and Washington's workplace safety watchdog are trapped in a cycle.

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Why This Analyst Is Bullish On Tesla, Nio Rival Xpeng

Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) is an attractive entry point at current levels as factors such as competition and supply chain constraints have been priced in, according to brokerage firm US Tiger Securities Inc.

Benzinga

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Benzinga

Here's Why This Analyst Sees Sharp Upside In XPeng, NIO, Li Auto

China Renaissance analyst Yiming Wang initiated coverage on XPeng Inc (NYSE:XPEV), NIO Inc (NYSE:NIO), and Li Auto Inc (NASDAQ:LI). The analyst notes that the Chinese emerging EV automakers embraced a new rapid growth stage after being undervalued in 2019 and 2020. Wang initiated XPeng with a Buy and $55.60 price target (94% upside), citing it as the sector's top…

Benzinga

Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.

Benzinga

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

COVID-19 Resurgence In China To Hurt Tesla, Chinese Automakers: Which EV Stock Is Likely To Suffer The Most?

It's déjà vu all over again, as China reported a renewed outbreak of COVID-19, forcing new lockdowns primarily in the northeastern regions of the country. As the nation grapples with the worst outbreak in two years, here's a look at how EV makers and their production plans and sales will be impacted.

Benzinga

Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Benzinga

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Benzinga

EV Week In Review: Tesla Feels Pinch Of Higher Input Costs, Nio's Hong Kong Listing Hedges Against Delisting Threat, Rivian's Teething Problems To The Fore And More

The EV space turned in a mixed performance in the week ending March 11, with some second-rung EV manufacturers and charging stocks rebounding from their losses. Shares of Tesla, Inc. (NASDAQ: TSLA), however, reversed course and ended the week in the red.

Benzinga

Nio Bounces Off Bottom Ahead Of Thursday's Hong Kong Listing: What Investors Should Know

Nio, Inc. (NASDAQ: NIO) shares, which fell to their lowest level in 1-1/2 years on Tuesday, are rebounding from the depressed level. In addition to the broader market strength, the stock is receiving support from the optimism around its planned debut on the Hong Kong stock exchange on Thursday.

Benzinga

EV Week In Review: Tesla Giga Berlin Update, Rivian Crashes On Price Hike Gaffe, Lucid Slashes Guidance, Honda-Sony Team Up, Nio Headed To Hong Kong And More

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

Benzinga

Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

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Benzinga

Nio Deliveries Fall 36.4% Sequentially In February As Production Impacted By Holidays

Nio Inc (NYSE: NIO) said on Tuesday deliveries fell in February over last month as the U.S. listed Chinese electric vehicle maker suspended production during the spring festival.

Benzinga

What Nio Investors Should Know About Imminent Hong Kong IPO: Secondary Listing, No Stock Sale, Singapore Plans And More

Nio, Inc.'s (NYSE: NIO) Hong Kong initial public offering plan is finally falling into place.

Benzinga

EV Week In Review: Tesla Bets Big On China, Lucid Hit With Recall Woes, Li Auto Surprises With Quarterly Profit, Ford Puts to Rest Spin-off Talks And More

EV shares had a mixed ride in the week ending February 25, as the Ukrainian conflict kept risk aversion going in the markets. Market leader Tesla, Inc. (NASDAQ: TSLA) continued to bleed during the week, having dropped to a psychological support of around $700, its lowest level since August 2021.

Benzinga

Alibaba, Other Tech Stocks Lead Sell-Off In Hong Kong As Russia Launches Attack On Ukraine

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, dragging the benchmark Hang Seng Index into negative territory amid news that Russia will launch an attack on Ukraine.

Benzinga

Cathie Wood Loads Up Another $3.2M In This Chinese Tesla Rival

Cathie Wood led Ark Investment Management on Monday raised its exposure in the U.S.-listed Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV), whose deliveries are growing fast.

Benzinga

Ray Dalio's Hedge Fund Trimmed Tesla Stake In Q4 And Loaded Up More Shares In This Chinese Rival

Bridgewater Associates, led by billionaire Ray Dalio, trimmed stake in Tesla Inc (NASDAQ: TSLA) in the fourth quarter when shares of the electric vehicle maker soared and the world’s largest hedge fund significan

Benzinga

EV Week In Review: Musk Finally Gets Biden's Mention, XPeng Zooms Into More European Markets Ahead Of Nio, Ford Ropes In Another Tesla Executive And More

EV stocks closed the week ending Feb. 11 on a mixed note amid the broader market volatility. Tesla Inc (NASDAQ: TSLA) continued to be haunted by recalls, but CEO Elon Musk scored a victory in his pursuit of an endorsement from President Joe Biden.

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