EU Set to Vote on Tariffs Targeting Electric Vehicles From China [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg The vote comes after the European Commission, the EU's executive arm, determined that China unfairly subsidized its EV industry and proposed the tariffs to protect European companies. If passed, the measures risk triggering retaliatory duties from China, the bloc's third-largest market for exports. Beijing has condemned the move as protectionism and has threatened tariffs on European dairy, brandy, pork and cars. Shares of Chinese EV makers have rallied in recent weeks thanks to China's stimulus blitz and strong September delivery figures, with XPeng Inc. and Li Auto Inc. up more than 30% over the last two weeks in Hong Kong. Still, they are down for the year given concerns about pending tariffs and increased competition. The 27-member union was split on whether to move forward with the aggressive trade measure. Germany has called for the EU to drop the tariff plan, with Economy Minister Robert Habeck warning it could lead to a trade war. French Presi
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News
- Li Auto Inc. Sponsored ADR (LI) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- Li Auto Inc. (NASDAQ: LI) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $33.00 price target on the stock, up previously from $25.00.MarketBeat
- Headwinds For Li Auto Despite Strong Deliveries [Forbes]Forbes
- ‘European carmakers face innovation crisis amid Chinese advancements' [Yahoo! Finance]Yahoo! Finance
- Why Chinese Stocks Continued to Zoom Higher on Wednesday [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 10/1/24 - Form 6-K
- 9/6/24 - Form 6-K
- 9/6/24 - Form 6-K
- LI's page on the SEC website