Li Auto recently signed an agreement to build a new auto parts industrial park in Changzhou city, Jiangsu province, where its self-built car manufacturing plant is located.

Li Auto saw the first mass-produced vehicle of its second production model, the Li L9, roll off the assembly line at the plant in Changzhou city, Jiangsu province on August 18.

Sunwoda Electric Vehicle Battery Co., Ltd. has closed a new financing round with 6 billion yuan ($885.688 million) raised, which was greatly beyond the previously expected 3 billion yuan.