An industry association warned that aggressive EV price cuts, led by BYD, risk squeezing profits, harming product quality, and threatening consumer safety.
Germany may impose 10% digital tax on Alphabet and Meta Platforms; Trump targets Apple in calculated move; JioHotstar adds 230M subscribers; Nvidia CEO rejects PowerPoint; Tesla's Optimus humanoid robot could trigger multi-trillion-dollar industry.
LI AUTO INC - ADR has caught the attention as a great value stock. NASDAQ:LI excels in profitability, solvency, and liquidity, all while being very reasonably priced.
The company logged sales of 372,615 new-energy passenger vehicles and 7,474 commercial vehicles during the month, including the 79,086 vehicles sold outside China.
Chinese EV companies reported strong April delivery numbers, with Li Auto leading in SUV market share and XPeng surpassing 100,000 cumulative deliveries for its MONA M03 model.
Celanese Corporation (NYSE: CE) and Li Auto (NASDAQ: LI) are launching Hostaform POM XAP3, a low-emission material that cuts formaldehyde by 90%. Debuting in May, this innovation aims to enhance cabin air quality and meet rising consumer demand for healthier vehicle interiors.
VinFast Auto (VFS) delivered 36,330 EVs globally in Q1 2025, up 296% YoY. E-scooter and e-bike deliveries also increased by 473%. Q1 earnings on June 9.
Li Auto shares declined 2.3% Thursday morning. China's Ministry of Commerce firmly denied the existence of ongoing trade negotiations with the United States.
Chinese stocks rose on trade optimism after Trump's comments. Alibaba, PDD, Baidu, NIO, Li Auto, and XPeng show strong momentum. China eyes Europe as a key trading partner.
Major Chinese companies trading lower due to Trump's increased tariffs. China's GDP grew in Q1 but trade war dims outlook and prompts calls for stimulus.
