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Li Auto Inc.

https://www.lixiang.com

Industry

Auto - Manufacturers

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.

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Citigroup analyst Jeff Chung has downgraded Li Auto (NASDAQ:LI) from Buy to Neutral, indicating a change in the investment outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:33 pm

China's leading electric vehicle manufacturer, BYD Co., has decided to delay announcing a major plant investment in Mexico until after the US election. This decision is influenced by the uncertainty in American policy, prompting a cautious approach from global businesses.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:33 pm

Tesla's stock is rising in premarket trading due to strong China sales in August, with a 17% increase from July. This performance aligns with domestic rivals like BYD, while Nio and Li Auto saw declines. Tesla's zero-interest financing may have contributed to the sales boost.

Portfolio Pulse from Shanthi Rexaline

September 03, 2024 | 11:20 am

Chinese stocks like Alibaba, Li Auto, and Baidu are experiencing a pre-market decline due to a drop in the Shanghai Composite Index, influenced by a fall in Chinese bank stocks. This has led to a selloff in Chinese firms listed in the U.S.

Portfolio Pulse from Pooja Rajkumari

September 03, 2024 | 11:11 am

Li Auto Inc. reported a significant increase in vehicle deliveries for August 2024, with a 37.8% year-over-year growth, totaling 48,122 vehicles. This brings their total deliveries for 2024 to 288,103 and cumulative deliveries to 921,467.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 7:29 am

Tesla sold 86,697 China-made EVs in August, marking a 17% increase from July and a 3% year-on-year growth. Despite intensifying competition from BYD and Li Auto, Tesla continues to expand its production and sales in China.

Portfolio Pulse from Anan Ashraf

September 03, 2024 | 7:14 am

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like AMZN, TSLA, BABA, IRBT, PDD, DASH, ABNB, RCL, LULU, and LI. These trades indicate varying market sentiments, from bullish to bearish, and could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 5:35 pm

Chinese EV makers reported steady sales in August amid intense competition. XPeng showed strong growth, while Nio and Li Auto saw slight declines from July. BYD's plug-in hybrids performed well. Tesla faces challenges in China due to competition and lack of low-end models.

Portfolio Pulse from Shanthi Rexaline

September 01, 2024 | 7:18 pm

The EV sector saw mixed results this week with Tesla extending its zero-interest financing in China, Rivian facing a fire incident, and XPeng surging due to strong demand for its new model. Lucid is working on affordable EVs, and BYD plans to expand internationally.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 1:33 pm

Li Auto reported better-than-expected Q2 results despite challenges in the EV market, maintaining profitability alongside BYD. Li Auto regained its leading position in Chinese new energy SUV sales, surpassing Tesla in July. Despite thinned margins, Li Auto remains profitable and provided solid guidance for Q3.

Portfolio Pulse from Upwallstreet

August 30, 2024 | 1:21 pm

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