Latest news with #LiAuto
Yahoo
6 hours ago
- Automotive
- Yahoo
o9 Introduces Li Auto's Integrated Planning Capabilities
Li Auto Inc. (NASDAQ:LI) is among the 12 Best EV Charging Stocks to Buy According to Hedge Funds. o9 announced the complete implementation of its Integrated Business Planning and Supply Planning capabilities at Li Auto Inc. (NASDAQ:LI), accomplishing a significant digital transformation milestone in less than a year. The collaboration began in late 2023 and achieved its first success within three months, with the implementation of Sales and Operations Planning technology. michael-fousert-YhXlYJYlr3c-unsplash Li Auto Inc. (NASDAQ:LI), a fast-expanding electric vehicle manufacturer in China, is among the first companies in the industry to utilize o9's Digital Brain platform for integrated end-to-end planning. It is among the Best EV Stocks. The collaboration yielded eight unique solutions, including a procurement-centered supply network, automatic BOM-to-SKU conversion, and integration with Feishu for real-time communication. According to Li Auto Inc. (NASDAQ:LI)'s IT Product Director Dongxin Wan, the solutions improve the business's flexibility and decision-making throughout its supply chain. Chakri Gottemukkala, the CEO of o9, acknowledged this collaboration as a standard in the digital transformation initiatives of the AI-powered EV market. While we acknowledge the potential of LI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Automotive
- Yahoo
Li Auto Launches i8 With 5C Supercharge
Li Auto (NASDAQ:LI) just rolled out its six?seat i8 EV, boasting 5C supercharging that can add 500 km of range in 10 minutes and deliver up to 720 km per charge. Deliveries kick off August 20, with Pro, Max and Ultra variants priced at RMB321,800369,800 ($44,40051,000). Each trim packs all?wheel drive, dual?chamber air suspension and a slick 0.218 drag coefficient. Warning! GuruFocus has detected 4 Warning Signs with RTC: This addition takes Li Auto's lineup to seven models and plugs into a growing network of 3,000 supercharging stations across China. Analysts say Li's proprietary electric drive system and new high?voltage platform set it up to compete with NIO (NYSE:NIO), Tesla (NASDAQ:TSLA) and XPeng (NYSE:XPEV) in the premium family segment. Despite the excitement, shares slipped 4.2% on Tuesday amid a sector?wide pullback. With industry?leading charging speeds and real?world range, the i8 could fuel volume growth and boost margins for Li will be watching August 20 deliveries and the i6's debut next month for early sales signals. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
RTHK
2 days ago
- Business
- RTHK
Tech hit for HK stocks
Tech hit for HK stocks The Hang Seng Index closed down 347 points, or 1.36 percent, at 25,176. File photo: RTHK Mainland stocks were mixed while Hong Kong shares lost ground on Wednesday as investors looked past concerns over US tariff threats and positioned themselves for a long-awaited bull market. In Hong Kong, the benchmark Hang Seng Index ended down 347 points, or 1.36 percent, at 25,176. Auto shares dragged the Hang Seng Index, with Li Auto down more than 12 percent as the pricing of its new launch and competition concerned investors. Tech majors traded in Hong Kong also fell, down nearly 3 percent in the largest single-day drop in more than two months. Up north, Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.17 percent to 3,615 while the Shenzhen Component Index closed 0.77 percent lower at 11,203. The combined turnover of these two indexes was around 1.84 trillion yuan, up from 1.8 trillion yuan on Tuesday. Stocks related to petroleum and ceramics led gains while stocks in the glass and auto sectors suffered major losses. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.62 percent to close at 2,367. The Shanghai Composite Index rose as much as 0.7 percent to its highest level since October. With this, it has climbed 20 percent from its last significant low, an accepted definition for a bull market, three months ago. Chinese and US officials agreed to seek an extension of their 90-day tariff truce on Tuesday, following two days of what both sides described as constructive talks aimed at defusing a trade war between the world's two biggest economies that threatens global growth. "Investors are increasingly insensitive to Sino-US trade talks and paying more attention to domestic issues," said Wang Zhuo, partner of Shanghai Zhuozhu Investment Management. Earlier this week, Goldman Sachs raised its target for Chinese stocks, citing "brightened prospects for a US-China trade deal". Low interest rates are nudging investors into stocks, especially high-dividend blue-chips, while China's drive to crack down on excessive competition in some industries is improving the outlook for corporate earnings, Wang said. "Now that the index is entering bull market territory, money will undoubtedly keep flowing in. I don't see signs of froth, so the bull run has legs." (Reuters/Xinhua)
South China Morning Post
2 days ago
- Business
- South China Morning Post
Hong Kong stocks trade lower on disappointment over China-US trade negotiations
Concerns about trade tensions between China and the US drove Hong Kong stocks lower for a second day, as the world's two largest economies stopped short of finalising a deal that would extend a 90-day tariff pause. The Hang Seng Index fell 0.5 per cent to 25,393.80 as of 10.01am local time, while the Hang Seng Tech Index slumped 1.8 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both rose 0.5 per cent. Electric-vehicle makers led the declines, as Li Auto tumbled 9.1 per cent to HK$109 and BYD sank 6.3 per cent to HK$122. Post owner Alibaba Group Holding slid 2.5 per cent to HK$117.70 and rival dropped 2.3 per cent to HK$127.40. HSBC Holdings rose 0.2 per cent to HK$101 ahead of its earnings release. China and the US concluded their third round of trade negotiations in Stockholm, with the two sides remaining at odds over the extension of a ceasefire plan. Chinese negotiators said that an extension agreement was reached, but US Treasury Secretary Scott Bessent said China had 'jumped the gun a little' and that all terms needed to be approved by President Donald Trump. Investors are also keeping a close eye on the US Federal Reserve's rate decision and the unfolding earnings season. The Fed is widely expected to keep its benchmark interest rate between 4.25 and 4.5 per cent on Thursday. Some eight companies in the Hang Seng Index are due to release interim reports this week. Among them, HSBC Holdings will likely say that second-quarter profit dropped 19 per cent from a year earlier. Other major Asia-Pacific markets were mixed: Japan's Nikkei 225 slipped 0.3 per cent, South Korea's Kospi rose 0.6 per cent and Australia's S&P/ASX 200 added 0.5 per cent.
South China Morning Post
2 days ago
- Automotive
- South China Morning Post
Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China
Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV to affluent families on the mainland, as competition in the world's largest automotive market continues to escalate. Beijing -based Li Auto, one of the only three profitable electric vehicle (EV) makers in mainland China, on Tuesday unveiled the Li i8 – built with autonomous driving technology and a digital cockpit – that would be priced from 321,800 yuan (US$44,889) to 369,800 yuan, with its basic edition able to travel as far as 720km on a single charge. The Li i8 also comes installed with custom refrigerators and plush sofa-like seats, which are expected to elevate passenger comfort and add another dimension to the features inside a luxury EV. 'Li Auto wants to make itself distinct from other carmakers,' founder and CEO Li Xiang told the online audience at the Li 18's virtual launch. 'We envision building a mobile home for our clients, creating a comfortable space for them when driving.' Li Auto, founded in 2015, will start delivering the new vehicle to mainland customers from August 20.
