What's Happening With Li Auto Stock? [Forbes]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Forbes
AFP via Getty Images Li Auto , the largest of the emerging EV players in China, delivered 58,513 vehicles for December 2024, an increase of 16.2% year-over-year. Sales were also up by roughly 20% from November. Deliveries for the full year stood at a little over half a million vehicles, which is a new milestone for the company. However, Li's growth rate was also behind both of its principal rivals. Nio stock reported deliveries of 31,138 vehicles, up 73% compared to last year, while Xpeng sold 36,695 vehicles, up a solid 82% year-over-year. Although Li Auto doesn't break down the key drivers of its growth, it's quite likely that the Li L6, the most affordable model in the company's lineup, has helped its volumes. The vehicle, which was launched in April, is priced at about RMB 250,000 (about $34,500). Separately, Li has also been making advancements to its autonomous driving system and this is also helping drive vehicle sales higher. The company said that it would offer an over-t
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News
- Will Onvo And Firefly Boost Nio Stock In 2025? [Forbes]Forbes
- What's New With Xpeng Stock? [Forbes]Forbes
- How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse [Yahoo! Finance]Yahoo! Finance
- How Do 2024 Vehicle Deliveries for NIO, LI and XPEV Compare? [Yahoo! Finance]Yahoo! Finance
- Chinese EV makers extend buying incentives as price war enters third year [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 1/2/25 - Form 6-K
- 12/16/24 - Form 6-K
- 12/9/24 - Form 144
- LI's page on the SEC website