Li Auto (LI) Shares Surge Over 5% on Autonomous Driving Prospects

Dec 26, 2024

Li Auto (LI, Financial) shares rose more than 5%, closing at $25.81. The increase follows comments from Li Auto's Vice President of Smart Driving R&D, Lang Xianpeng, who discussed the company's advancements in autonomous driving technology. He indicated that with continued iterations in their end-to-end and VLM systems, Li Auto aims to achieve Level 3 autonomous driving by 2025.

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