Market Chatter: Li Auto Opens R&D Facility in Germany

MT Newswires Live01-20

Chinese new energy vehicle (NEV) manufacturer Li Auto (HKG:2015) opened a research and development (R&D) hub in Munich, Germany, Xinhua reported Saturday.

The Munich facility will develop next-generation technologies such as vehicle design, power semiconductors, and smart chassis systems, tailored to meet European automotive regulations and consumer preferences, the Chinese government-owned newspaper reported.

Li Auto said the first-ever overseas center marks the start of its global strategy, Xinhua reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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