Li Auto: Best-Of-Breed EV Start-Up
Portfolio Pulse from
Li Auto is highlighted as a top EV investment due to its strong Q3 results, high vehicle margins, positive income, and robust delivery growth. It outperformed NIO and XPeng in vehicle margins and has a favorable Q4 outlook.
November 26, 2024 | 1:00 pm
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Li Auto reported strong Q3 results with high vehicle margins and positive income, outperforming competitors NIO and XPeng. The company has a favorable Q4 outlook with strong delivery and revenue growth.
Li Auto's strong Q3 performance, with a vehicle margin of 20.9%, surpasses competitors NIO and XPeng. The positive income and robust delivery growth, along with a favorable Q4 outlook, suggest a likely positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100