The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters
The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters
Electric cars

Chinese electric vehicle start-up Li Auto raises US$750 million from bond sale for new product development

  • The convertible bonds carry an annual interest rate of 0.25 per cent
  • Analysts say start-up needs to invest as it faces increased competition in coming years

Topic |   Electric cars
The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters
The logo of Li Auto is seen on a steering wheel of a car at the company’s showroom in Beijing, China, Jan. 3, 2020. Photo: Reuters
READ FULL ARTICLE