Li Auto (LI, Financial) experienced a 4.11% increase in its stock price, reaching $23.695. The company announced a strategic partnership with the Aerospace Materials Academy of the China Aerospace Science and Industry Corporation. Together, they have established the "Advanced Thermal Insulation Materials Joint Laboratory" in Beijing. This collaboration aims to develop aerospace-grade thermal insulation materials for power batteries, enhancing thermal safety and promoting the safe development of the new energy vehicle industry.
In addition to this partnership, Li Auto reported impressive sales figures. During the 50th week of 2024, from December 9 to December 15, the company achieved weekly sales of 14,100 vehicles. This strong performance underlines Li Auto's growing presence in the electric vehicle market.
