MPV

Li Auto Inc. Announces Unaudited First Quarter 2024 Financial Results

Retrieved on: 
Lundi, mai 20, 2024

BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024.

Key Points: 
  • Li MEGA: in March 2024, the Company launched and commenced delivery of Li MEGA, its high-tech flagship family MPV.
  • 2024 Li L Series: in March 2024, the Company launched and commenced delivery of the 2024 Li L7, Li L8, and Li L9.
  • Tie Li, chief financial officer of Li Auto, added, “Despite the rollout of a new model, product iterations, and pricing adjustments, our first quarter financial results remained solid.
  • Vehicle margin was 19.3% in the first quarter of 2024, compared with 19.8% in the first quarter of 2023 and 22.7% in the fourth quarter of 2023.

Cabaletta Bio Reports First Quarter 2024 Financial Results and Provides Business Update

Retrieved on: 
Mercredi, mai 15, 2024

PHILADELPHIA, May 15, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today reported financial results for the first quarter ended March 31, 2024, and provided a business update.

Key Points: 
  • PHILADELPHIA, May 15, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today reported financial results for the first quarter ended March 31, 2024, and provided a business update.
  • In March 2024, Cabaletta announced the first patient had been dosed in the Phase 1/2 RESET-Myositis trial.
  • Cabaletta expects to report initial clinical data from the Phase 1/2 RESET-SSc™ trial in the second half of 2024.
  • Cabaletta expects to report initial clinical data from the Phase 1/2 RESET-MG™ trial in the second half of 2024.

Breaking New Ground: SERES MF Platform Marks a New Era for Intelligent Luxury Vehicles

Retrieved on: 
Mercredi, mai 22, 2024

"SERES Group's development is rooted in a 'user-centric' approach, focusing on software-defined vehicles," said Zhang Xinghai, Founder and Chairman of SERES Auto.

Key Points: 
  • "SERES Group's development is rooted in a 'user-centric' approach, focusing on software-defined vehicles," said Zhang Xinghai, Founder and Chairman of SERES Auto.
  • A marvel of engineering, the MF platform allows SERES to be agile for rapid adaptation to changing market demands and consumer expectations.
  • As the automotive industry ushers in a new era of intelligent change, the MF platform facilitates a smoother transition into the future for consumers.
  • As the heart of SERES’ ‘Intelligence redefining luxury’ vision, the MF platform will deliver industry-leading intelligence to all SERES models, and set a new standard for the consumer-centric luxury new energy vehicles.

Mitsubishi Motors Posts Record Sales in the Philippines in FY2023

Retrieved on: 
Mercredi, avril 24, 2024

TOKYO, Apr 24, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017.

Key Points: 
  • TOKYO, Apr 24, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017.
  • "Mitsubishi Motors has been involved in production and sales in the Philippines for more than 60 years, contributing to that country's economy and earning the solid confidence of customers," said Tatsuo Nakamura, Executive Vice President (responsible for Sales) of Mitsubishi Motors.
  • Mitsubishi Motors has signed a joint venture agreement with Security Bank(3), a financial institution in the Philippines on April 9 to establish Mitsubishi Motors Finance Philippines Inc., a retail finance company that will offer financing services to Mitsubishi Motors' customers.
  • Going forward, Mitsubishi Motors has plans for further sales expansion in the Philippines through Security Bank's extensive lineup of retail financial products.

GAC: Latest Innovative Models and Strategic Plan Debut at Auto China 2024

Retrieved on: 
Lundi, avril 29, 2024

GUANGZHOU, China, April 29, 2024 /PRNewswire/ -- GAC showcased its latest innovative offerings and strategic plans at Auto China 2024, reinforcing its commitment to driving the future of mobility.

Key Points: 
  • GUANGZHOU, China, April 29, 2024 /PRNewswire/ -- GAC showcased its latest innovative offerings and strategic plans at Auto China 2024, reinforcing its commitment to driving the future of mobility.
  • In addition to unveiling the latest advancements in intelligent transportation through the "Smart Mobility 2027" action plan, GAC introduced several new models, catering to diverse consumer preferences and needs.
  • The auto show saw the global premiere of the second-generation AION V, the flagship model from GAC AION.
  • GAC is set to integrate mapless urban NDA features into Hyper models utilizing the ADiGO PILOT system by 2024.

WISHEW And The New Era Of Social Networks: A Revolution Is Underway

Retrieved on: 
Mercredi, mai 1, 2024

Wishew is ushering in a new era in social networking, dedicated to fulfilling dreams, supporting aspirations, and making incredible new friendships.

Key Points: 
  • Wishew is ushering in a new era in social networking, dedicated to fulfilling dreams, supporting aspirations, and making incredible new friendships.
  • By creating the first community for personal fulfillment and establishing the leading network for lifestyle enthusiasts, Wishew makes reciprocity among dreamers the coolest thing ever.
  • This is the revolution led by Wishew, and given the over 50,000 pre-registrations in less than two weeks, it seems this was exactly what the world was waiting for.
  • A platform that reinvents social networking, pushing it towards an era of unprecedented innovation and inclusivity.

GAC TECH DAY 2024: Groundbreaking Innovations Redefine Automotive Excellence

Retrieved on: 
Mardi, avril 16, 2024

GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."

Key Points: 
  • GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."
  • On the day, GAC, a trailblazer in automotive advancements, unveiled several groundbreaking technologies set to revolutionize the driving experience.
  • GAC's new iGLCA intelligent light commercial vehicle segment—MIRACO Motor—also made its official debut at GAC TECH DAY 2024 with the release of its flagship model "MiraLounge".
  • With a focus on technology-driven development, GAC aims to continue pushing the boundaries of automotive excellence, setting new benchmarks for the industry.

GAC TECH DAY 2024: Groundbreaking Innovations Redefine Automotive Excellence

Retrieved on: 
Mardi, avril 16, 2024

GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."

Key Points: 
  • GUANGZHOU, China, April 16, 2024 /PRNewswire/ -- On April 12, GAC TECH DAY 2024 took center stage at the GAC Research Institute in Guangzhou, China, under the theme "See the World with New Vision."
  • On the day, GAC, a trailblazer in automotive advancements, unveiled several groundbreaking technologies set to revolutionize the driving experience.
  • GAC's new iGLCA intelligent light commercial vehicle segment—MIRACO Motor—also made its official debut at GAC TECH DAY 2024 with the release of its flagship model "MiraLounge".
  • With a focus on technology-driven development, GAC aims to continue pushing the boundaries of automotive excellence, setting new benchmarks for the industry.

Cabaletta Bio Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Jeudi, mars 21, 2024

In October 2023, Cabaletta received Investigational New Drug (IND) application clearance from the U.S. Food and Drug Administration (FDA) for the Phase 1/2 RESET-SSc trial.

Key Points: 
  • In October 2023, Cabaletta received Investigational New Drug (IND) application clearance from the U.S. Food and Drug Administration (FDA) for the Phase 1/2 RESET-SSc trial.
  • In November 2023, Cabaletta announced that its IND application for CABA-201 was allowed to proceed by the FDA for the Phase 1/2 RESET-MG trial.
  • Cabaletta anticipates reporting initial clinical data from the Phase 1/2 RESET-MG trial in the second half of 2024.
  • As of December 31, 2023, Cabaletta had cash, cash equivalents and short-term investments of $241.2 million, compared to $106.5 million as of December 31, 2022.

XPENG Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Mardi, mars 19, 2024

Gross margin was 6.2% for the fourth quarter of 2023, compared with 8.7% for the same period of 2022 and negative 2.7% for the third quarter of 2023.

Key Points: 
  • Gross margin was 6.2% for the fourth quarter of 2023, compared with 8.7% for the same period of 2022 and negative 2.7% for the third quarter of 2023.
  • Vehicle margin was 4.1% for the fourth quarter of 2023, compared with 5.7% for the same period of 2022 and negative 6.1% for the third quarter of 2023.
  • Basic and diluted net loss per ADS were both RMB1.51 (US$0.21) for the fourth quarter of 2023, compared with RMB2.74 for the fourth quarter of 2022 and RMB4.49 for the third quarter of 2023.
  • Non-GAAP basic and diluted net loss per ADS were both RMB1.98 (US$0.28) for the fourth quarter of 2023, compared with RMB2.57 for the fourth quarter of 2022 and RMB3.23 for the third quarter of 2023.