PVTIME – Li Auto Inc. (Li Auto)(Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, mainly engaged in the design, development, manufacture and sale of premium intelligent electric vehicles, has recently established a photovoltaic technology subsidiary in Guangxi Province of China.
The new PV subsidiary was established through a subsidiary of Li Auto in Beijing, with a registered capital of 1 million yuan, and the business covers photovoltaic equipment and component manufacturing, battery sales, new energy power plant equipment sales, new energy vehicle electric accessory sales, new energy technology research and development, artificial intelligence basic software development, artificial intelligence application software development, etc.
In August 2023, Li Auto has established a similar PV subsidiary in Yangzhou City, China, with a registered capital of 1 million yuan, and the business includes solar power generation technical services, biomass energy technical services, new energy vehicle switching equipment sales, artificial intelligence theory and algorithm software development, and non-residential property leasing.
In addition, in May 2023, a PV energy subsidiary of Li Auto was established in Shanxi Province, China, with a registered capital of 1 million yuan, to engage in the manufacturing of photovoltaic equipment and components, solar power generation technical services, sales of new energy prime equipment and related businesses.
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