China's Li Auto postpones all-electric SUV launch

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China's Li Auto postpones all-electric SUV launch

seekingalpha05-21

Chinese automaker Li Auto (NASDAQ:LI) has postponed the launch of its all-electric SUVs till the first half of 2025, company CEO and founder Li Xiang said late on Monday, citing inadequate charging ...

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Alvin2042
·05-21
Should be good news for Nio, Xpeng and other pure EV manufacturers.
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Earlier this year, Li Auto  became the first domestic competitor to follow Tesla's lead on price reductions, which would impact the company's enti","content":"<html><body><p>Chinese automaker Li Auto (<span>NASDAQ:LI</span>) has postponed the launch of its all-electric SUVs till the first half of 2025, company CEO and founder Li Xiang said late on Monday, citing inadequate charging stations among other constraints. </p> <p>Enough branded charging stations and incremental display spots are<span> two critical and necessary conditions for selling the BEV SUV products, </span>Xiang said in a post-earnings call.</p> <p>The Beijing-based startup needs an additional 500 to 600 display spots across the country to supply consistent sales of over 10,000 units per model, Xiang noted.</p> <p>\"Otherwise, we'll be only increasing the number of products rather than the number of sales volume.\"</p> <p>The investments required to build EV infrastructure, on which its peers such as Tesla (TSLA) and NIO (NIO) have extensively spent, could weigh on Li Auto’s profitability, <em>Reuters</em> reported citing analysts.</p> <p>Earlier this year, Li Auto (LI) became the first domestic competitor to follow Tesla's lead on price reductions, which would impact the company's entire existing line-up, excluding the new Li L6 model.</p> <p>The company missed first quarter estimates. </p> </body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Li Auto postpones all-electric SUV launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-21 15:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4108587-li-auto-postpones-electric-suv-launch><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese automaker Li Auto (NASDAQ:LI) has postponed the launch of its all-electric SUVs till the first half of 2025, company CEO and founder Li Xiang said late on Monday, citing inadequate charging ...</p>\n\n<a href=\"https://seekingalpha.com/news/4108587-li-auto-postpones-electric-suv-launch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1327944609/image_1327944609.jpg","relate_stocks":{"LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","NIO.SI":"蔚来","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4588":"碎股","BK4550":"红杉资本持仓","LU2063271972.USD":"富兰克林创新领域基金","09866":"蔚来-SW","BK4503":"景林资产持仓","BK4574":"无人驾驶","LU0823414478.USD":"法巴经典能源转换基金","BK4551":"寇图资本持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861215975.USD":"贝莱德新一代科技基金 A2","NIO":"蔚来","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4548":"巴美列捷福持仓","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4563":"昨日强势股","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK6125":"汽车制造商","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4532":"文艺复兴科技持仓","BK4592":"伊斯兰概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LI":"理想汽车","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4531":"中概回港概念","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","BK4509":"腾讯概念"},"source_url":"https://seekingalpha.com/news/4108587-li-auto-postpones-electric-suv-launch","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2437498182","content_text":"Chinese automaker Li Auto (NASDAQ:LI) has postponed the launch of its all-electric SUVs till the first half of 2025, company CEO and founder Li Xiang said late on Monday, citing inadequate charging stations among other constraints.  Enough branded charging stations and incremental display spots are two critical and necessary conditions for selling the BEV SUV products, Xiang said in a post-earnings call. The Beijing-based startup needs an additional 500 to 600 display spots across the country to supply consistent sales of over 10,000 units per model, Xiang noted. \"Otherwise, we'll be only increasing the number of products rather than the number of sales volume.\" The investments required to build EV infrastructure, on which its peers such as Tesla (TSLA) and NIO (NIO) have extensively spent, could weigh on Li Auto’s profitability, Reuters reported citing analysts. Earlier this year, Li Auto (LI) became the first domestic competitor to follow Tesla's lead on price reductions, which would impact the company's entire existing line-up, excluding the new Li L6 model. 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