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June 12, 2021

Li Auto Inc

Tesla’s Model Y slumps in China sales rankings, data shows

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CNBC – For more and to sign up click here Zang Yi charges her Tesla car at a charging point in Beijing, China, April 13, 2018. Thomas Peter | Reuters BEIJING — Sales of Tesla‘s newest model for the Chinese market lost steam in April, according to data from China’s......

Stocks making the biggest moves in the premarket: Estee Lauder, Meredith Corp., DraftKings & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Estee Lauder (EL) – The cosmetics maker reported quarterly earnings of $1.62 per share, 30 cents a share above estimates. Revenue came in slightly below forecasts, however, as......

Stocks making the biggest moves midday: Carnival, Dell, AMC Entertainment and more

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CNBC – For more and to sign up click here Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise......

Stocks making the biggest moves in the premarket: Beyond Meat, Nokia, Li Auto & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat announced the opening of a new manufacturing facility in China, its first outside the United States. The plant-based food company said the......

Stocks making the biggest moves after the bell: Qiagen, Li Auto & more

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CNBC – For more and to sign up click here An employee of a testing company Qiagen holds a test kit at Qiagen’s facility, in Hilden, Germany, September 8, 2020. Leon Kuegeler | Reuters Check out the companies making headlines after the bell on Tuesday: Qiagen – Qiagen shares ticked......

Chinese electric car start-ups Nio and Xpeng defy first quarter weakness with March surprise

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CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Two of China’s U.S.-listed electric car start-ups beat market expectations in their......

Chinese electric car start-up Nio shuts factory for 5 days due to global chip shortage

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CNBC – For more and to sign up click here Employees make checks at an inspection line during a media tour of the Nio Inc. production facility in Hefei, Anhui province, China, on Friday, Dec. 4, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car start-up......

Tesla’s China-made Model Y takes off despite holiday car sales slump

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CNBC – For more and to sign up click here A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China. Gao Yuwen | Visual China Group | Getty Images BEIJING — Tesla‘s Model Y is getting off to a solid start in China,......

Chinese electric carmakers add $13.65 billion in value as Tesla surges

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CNBC – For more and to sign up click here A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Three U.S. listed Chinese electric carmakers......

Xpeng predicts it will deliver fewer electric cars than Nio

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CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car maker Xpeng forecast it will deliver far fewer cars......

Why some Chinese are buying local electric car brands like Nio — instead of Tesla

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CNBC – For more and to sign up click here An electric vehicle charging station is seen at Nio’s headquarters on Jan. 31, 2021 in Hefei, Anhui Province of China. Ruan Xuefeng | Visual China Group | Getty Images BEIJING — Chinese consumers thinking about whether to buy Tesla‘s electric......

Tesla won’t be ‘king of the hill’ in electric vehicles forever, says ex-board member Steve Westly

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CNBC – For more and to sign up click here Steve Westly, a longtime Tesla bull and former board member, told CNBC on Tuesday that competition in the electric-vehicle sector has heated up and put significant pressure on the Elon Musk-led company. “I’ve been bullish on Tesla for the last......

Chinese Tesla rival Nio says global chip shortage will hit its electric car production

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CNBC – For more and to sign up click here A Nio Inc. ES6 electric SUV at a battery swap station inside a parking lot in Shanghai on March 1, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car start-up Nio said Tuesday a global chip......

Chinese electric car start-up Li Auto expects it will sell fewer cars than Nio has been delivering

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CNBC – For more and to sign up click here A Li Xiang One hybrid SUV is on display during the 18th Guangzhou International Automobile Exhibition on November 23, 2020 in Guangzhou, China. Li Zhihao | Visual China Group | Getty Images BEIJING — Nasdaq-listed Chinese automaker Li Auto forecast......

Chinese electric carmaker Xpeng rolls out autonomous highway driving features in challenge to Tesla

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CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Motors has started rolling out its new......

5 high-end electric SUVs available in China right now

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CNBC – For more and to sign up click here A Tesla charging station in a hotel parking lot. Zhang Peng | LightRocket | Getty Images BEIJING — When it comes to China’s electric car market, the high-end SUV segment is one start-ups and foreign brands alike are competing heavily......

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