(Yicai Global) Aug. 16 -- Li Auto’s stock price fell after the Chinese electric carmaker’s first-half loss widened 9.5 percent from a year earlier, mainly because of the higher cost of batteries and other parts.

BYD plans to invest 28.5 billion yuan (4.1 billion euros) in a battery factory and mining project in Yichun in China’s Jiangxi province. This is provided for in a framework agreement now signed with the city government.