Skip to main content

Share story

Products Policy

Li Auto targets fourth-quarter European sales

Li Auto targets fourth-quarter European sales Image: Primary
Li said it will show its Li 6 crossover at the Paris Motor Show next month and begin European sales in the fourth quarter, reversing founder Li Xiang's 2023 position that the company did not plan to go global before 2028. The company will bring battery models rather than the extended-range vehicles that make up its domestic business. The report says EU duties on Chinese electric cars cover extended-range vehicles; Li has not announced a European country, price, or sales channel.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Hyphenate raises $45 million for business finance AI agents

Hyphenate Inc. has raised $45 million in a funding round led by Nexus Venture Partners, Bloomberg reported. The financing supplies capital for the company's effort to create AI agents that can run finances for businesses....

Capital Infrastructure
Capital Infrastructure

General Compute raises $100 million for inference cloud infrastructure

General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money, TechCrunch reported. A customer deal worth $100 million in annual recurring r...

Infrastructure Products
Infrastructure Products

Infineon plans €1.1 billion expansion of Austrian power chip factory

Infineon Technologies will spend €1.1 billion ($1.2 billion) over eight years to expand its key power chip factory in Austria, Bloomberg reported. The investment targets growing demand for energy-efficient semiconductors used in A...

Robotics Capital
Robotics Capital

London robotics startup Machenta raises $40M seed round

London-based Machenta has raised a $40M seed round, Business Insider reports. The robotics startup is developing an AI model intended to teach robots new physical tasks after seeing them performed once, pursuing an approach that s...

Security
Security

Warp discloses vendor breach affecting agent logs and telemetry

Warp disclosed that an attack on a third-party infrastructure vendor exposed AI agent decision logs and user telemetry, BleepingComputer reported. CEO Zach Lloyd estimates that roughly 1% of users may have been affected. Lloyd sa...