Li Auto Inc - ADR Stock News

Li Auto remains my top EV investment due to strong Q3 results, high vehicle margins, positive (operating) income, and robust delivery growth. Li Auto outperformed NIO and XPeng in vehicle margins, achieving 20.9% in Q3, compared to XPeng's 8.6% and NIO's 13.1%. Li Auto's Q4 outlook is favorable with strong delivery volume and revenue growth, making it a strong buy at a P/S ratio of 0.9X.

LI has retraced as expected, with the bulls seemingly defending the $22s as the new support level. Much of the tailwinds are naturally attributed to the double beat FQ3'24 performance, excellent October 2024/ YTD deliveries, and promising FQ4'24 guidance. This is significantly aided by LI's richer profit margins and growing net cash on balance sheet, allowing the automaker to sustainably fund i...

3 Top EV Stocks to Buy in November

China-focused exchange-traded funds (ETFs) and stocks of Chinese companies listed on U.S. exchanges are falling in premarket trading Friday, after Beiing's latest stimulus package aimed at boosting the country's sluggish economy disappointed investors.

Li Auto , the largest of the emerging EV players in China, delivered 51,443 vehicles in October 2024, up 27.3% year-over-year. However, sales were down from 53,709 in September 2024.

Investors were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released October delivery data late Friday.

Investors on Wall Street were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released October delivery data late Friday.

There wasn't much optimism about the future of EVs today.