Nio Vs. Li Auto: Which Chinese EV Startup Is Winning The Stock Race?
Portfolio Pulse from Shanthi Rexaline
Chinese electric vehicle startups Nio, Inc. (NYSE:NIO) and Li Auto, Inc. (NASDAQ:LI) have been competing in the EV market. Over the past year, Li Auto has outperformed Nio with a 41% gain compared to Nio’s nearly 49% decline. Li Auto's sales performance has been consistent, with cumulative deliveries reaching 244,225 units by the end of September 2023. Nio’s year-to-date deliveries totaled 109,993 units. Nio's stock has been under pressure due to lukewarm deliveries and an aggressive price war led by Tesla. However, Nio's stock offers a better risk-reward due to its beaten-down nature, with analysts suggesting over 65% upside potential.
October 04, 2023 | 9:57 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
There have been rumors of Nio striking a partnership with Mercedes-Benz Group AG, although the company has refuted it as unfounded speculation.
There have been rumors of Nio striking a partnership with Mercedes-Benz Group AG, although the company has refuted it as unfounded speculation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Tesla has led an aggressive price war in the EV industry, impacting other companies like Nio.
Tesla has led an aggressive price war in the EV industry, impacting other companies like Nio.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Li Auto has outperformed Nio with a 41% gain over the past year. Its sales performance has been consistent, with cumulative deliveries reaching 244,225 units by the end of September 2023.
Li Auto has outperformed Nio with a 41% gain over the past year. Its sales performance has been consistent, with cumulative deliveries reaching 244,225 units by the end of September 2023.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nio's stock has been under pressure due to lukewarm deliveries and an aggressive price war led by Tesla. However, it offers a better risk-reward due to its beaten-down nature, with analysts suggesting over 65% upside potential.
Nio's stock has been under pressure due to lukewarm deliveries and an aggressive price war led by Tesla. However, it offers a better risk-reward due to its beaten-down nature, with analysts suggesting over 65% upside potential.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100