What's New With Li Auto Stock [Forbes]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Forbes
Guangzhou 2024, at the Canton Fair Complex on November 18, 2024 in Guangzhou, Guangdong Province of China. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Li Auto , the largest of the emerging EV players in China, delivered 48,740 vehicles in November. While the number was up by 19% compared to last year, it marks a decrease of 5% from October. Li's total deliveries year-to-date stand at about 441,995 units, up 36% compared to last year. Li's growth was also behind both of its principal rivals. Nio stock reported deliveries of 15,493 vehicles for November, marking an increase of about 29% compared to last year, while Xpeng sold 30,895 vehicles, up 54% year-over-year. Although Li Auto didn'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 helped 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
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News
- Smaller Chinese BEV manufacturers struggling with rising competition [Yahoo! Finance]Yahoo! Finance
- UBS downgrades XPeng to ‘sell' as EV momentum overly priced in [Yahoo! Finance]Yahoo! Finance
- What's New With Xpeng Stock? [Forbes]Forbes
- What's Happening With Nio Stock? [Forbes]Forbes
- Li Auto Sees Surge in Deliveries and Market Dominance [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 12/16/24 - Form 6-K
- 12/9/24 - Form 144
- 12/5/24 - Form 6-K
- LI's page on the SEC website