Recently, Li Auto’s electric car crashed on the G18 expressway in Qingdao, Shandong province. The car's airbag failed to deploy in the accident, reported by Sina News.
Li Auto (Nasdaq: LI) announced Wednesday that the traffic control department determined that the truck in the accident was fully responsible, violating merging regulations.
(Source: Li Auto’s Weibo Official Account)
The A-pillar of its electric car was squeezed, and the vehicle's front cabin longitudinal beam, front finger beam, anti-collision beam and energy-absorbing box were not significantly deformed. Under a situation like this, the airbag protection system can not be activated, the company reported in today’s announcement.
A-pillar is either one of two support posts positioned on either side of the windshield of a vehicle which connects to roof to the body.
Shares of Li Auto closed at $20.78 in New York today, an increase of 6.95%.