Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. It offers Li ONE, a six-seat electric SUV that equipped with a range of extension system and smart vehicle solutions. 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.
IPO Year: 2020
Exchange: NASDAQ
Website: lixiang.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/22/2024 | $25.00 | Buy → Outperform | CLSA |
4/25/2024 | $25.00 | Overweight → Equal Weight | Barclays |
4/15/2024 | $40.00 | Outperform | Macquarie |
2/6/2024 | $45.00 → $41.00 | Hold → Buy | Deutsche Bank |
1/3/2024 | Buy | Goldman | |
11/28/2022 | $20.66 | Buy | Jefferies |
8/8/2022 | Buy | CLSA | |
4/4/2022 | $35.00 | Buy | HSBC Securities |
3/24/2022 | $37.20 | Buy | China Renaissance |
2/28/2022 | $38.00 → $40.00 | Overweight | Barclays |
CLSA downgraded Li Auto from Buy to Outperform and set a new price target of $25.00
Barclays downgraded Li Auto from Overweight to Equal Weight and set a new price target of $25.00
Macquarie resumed coverage of Li Auto with a rating of Outperform and set a new price target of $40.00
Deutsche Bank upgraded Li Auto from Hold to Buy and set a new price target of $41.00 from $45.00 previously
Goldman initiated coverage of Li Auto with a rating of Buy
Jefferies initiated coverage of Li Auto with a rating of Buy and set a new price target of $20.66
CLSA initiated coverage of Li Auto with a rating of Buy
HSBC Securities initiated coverage of Li Auto with a rating of Buy and set a new price target of $35.00
China Renaissance initiated coverage of Li Auto with a rating of Buy and set a new price target of $37.20
Barclays reiterated coverage of Li Auto with a rating of Overweight and set a new price target of $40.00 from $38.00 previously
Li Auto Inc. (NASDAQ:LI) shares are trading marginally lower on Wednesday in the premarket session. Chinese stocks may be under pressure after the country’s softer-than-expected second-quarter GDP growth. According to official data released on Monday, the economy expanded by 4.7%. This growth rate, lower than the 5.1% predicted by analysts, reflects the slowest pace since the first quarter of 2023. Meanwhile, Li Auto has reportedly established a specialized team focused on investing in comprehensive AI (artificial intelligence) technology, following in the footsteps of NIO Inc. (NYSE:NIO). Li Auto has recently formed a team dedicated to end-to-end large-model autonomous driving,
Despite new tariffs on Chinese electric vehicles (EVs), foreign automakers are struggling to stay competitive in China’s burgeoning EV market. What Happened: A study by AlixPartners reveals that foreign car companies are falling behind in China’s EV market, which represents over 40% of new passenger cars sold in the country. Stephen Dyer, co-leader and head of AlixPartners’ Asia automotive practice suggests that foreign brands must adopt a different approach and take more risks to make a mark in the market, CNBC reported on Tuesday. "Unless [foreign car brands] change their mindset of developing and manufacturing cars to one that is more willing to take risks, and consider how to desig
Alibaba Group Holding Limited (NYSE:BABA) and peer Chinese technology stocks are trading lower Monday after China's economy grew slower than expected in the second quarter, with a protracted property downturn and job insecurity stalling recovery efforts. The world's second-largest economy expanded by 4.7% from April to June, missing the 5.1% forecast by analysts and marking its slowest growth since Q1 2023. Alibaba's domestic rivals, including PDD Holdings Inc. (NASDAQ:PDD), Baidu, Inc. (NASDAQ:BIDU), JD.Com, Inc. (NASDAQ:JD) and Bilibili Inc. (NASDAQ:BILI), are trading lower on Monday following the dismal macro report. The report also hit Chinese electric vehicle stocks, including
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.’s (NASDAQ:TSLA) gain in the previous week. The Elon Musk-led company’s shares stumbled after a 11-session winning streak. Here are the key events that happened in the EV space during the week: See Also: Best Electric Vehicle Stocks Musk Tightlipped On Robotaxi Rumors: Tesla shares were going strong and completed a 11-session winning-streak on Wednesday but reversed course on Thursday, stung by a report that said the EV maker would push back the robotaxi launch event by two months. The stock fell over 8% during the session before recovering
NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) have reportedly completed the design phase of their internally developed smart driving chips, signaling their imminent integration into production vehicles. This marks the next phase towards integrating these chips into production vehicles, CnEV Post reported, citing local media. At Nio Day 2023 on December 23, Nio introduced its inaugural in-house autonomous driving chip, the Shenji NX9031, crafted using a cutting-edge 5 nm manufacturing process. Also Read: Xpeng Follows Tesla’s Lead? Reportedly Ditches LiDAR In New Model F57 For Pure Vision Driving The Shenji NX9031 chip will power Nio’s ET9 executive flagship sedan, currently open
Li Auto Inc. (NASDAQ:LI) shares are trading lower Monday after Chinese car sales fell in the month of June. The Details: Retail sales of cars fell for the third month in a row, down 6.7% from the prior year to 1.77 million units in June, the China Passenger Car Association said Monday. Retail sales of new-energy cars, which include electric vehicles and plug-in hybrids, rose 28.6% to 856,000 units in June from a year earlier, due to continued high demand for NEVs. Adding to headwinds facing Li Auto, the European Union last week introduced provisional tariffs of up to 37.6% on China-made EVs to protect against a potential flood of cheaper, subsidized EVs. Li Auto shares rose 13
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
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BEIJING, China, July 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it delivered 47,774 vehicles in June 2024, up 46.7% year over year. This brought the Company's second-quarter deliveries to 108,581, increasing 25.5% year over year. As of June 30, 2024, its cumulative deliveries reached 822,345 vehicles, ranking first among China's emerging new energy auto brands. "In June, our sales momentum continued to increase, with monthly deliveries exceeding 40,000 vehicles in total and surpassing 20,000 vehicles for Li L6 alone. Since the second quarter, Li Auto has reclaimed t
BEIJING, June 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that the Company delivered 35,020 vehicles in May 2024, up 23.8% year over year. The cumulative deliveries of Li Auto vehicles reached 774,571 as of the end of May 2024. "We have delivered over 15,000 Li L6s since deliveries began on April 24, setting a record pace for our newly launched models. We are fully committed to securing the supply chain and ramping up production of Li L6 to ensure users receive their vehicles at the earliest possible opportunity. Sales of the 2024 Li L7, Li L8, and Li L9 continue to gain mo
BEIJING, China, May 31, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that each of the proposed resolutions submitted for shareholder approval (the "Proposed Resolutions") as set forth in the notice of annual general meeting dated April 23, 2024 (the "AGM Notice") has been adopted at its annual general meeting of shareholders held in Beijing, China today. After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Mr. Xing Wang and Mr. Zhenyu Jiang are re-elected as director
Quarterly total revenues reached RMB25.6 billion (US$3.6 billion)1Quarterly deliveries reached 80,400 vehicles BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024. Operating Highlights for the First Quarter of 2024 Total deliveries for the first quarter of 2024 were 80,400 vehicles, representing a 52.9% year-over-year increase. 2024 Q1 2023 Q4 2023 Q3 2023 Q2Deliveries 80,400 131,805 105,108 86,533 2023 Q1 2022 Q4 2022 Q3 2022 Q2Deliveries 52,584 46,319 26,524 28,687 As of March
BEIJING, China, May 07, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. The Company's management will hold an earnings conference call on Monday, May 20, 2024, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wish to join the call, please complete online registration using the link provided below prior to the scheduled call start time. Upon registration, participants will receive the
BEIJING, China, May 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that the Company delivered 25,787 vehicles in April 2024, up 0.4% year over year. The cumulative deliveries of Li Auto vehicles reached 739,551 as of the end of April 2024. "Li L6, our first model priced under RMB300,000, has garnered widespread popularity among young families following its April debut. We will commence large-scale deliveries in May," commented Xiang Li, chairman and chief executive officer of Li Auto. "During the May Day holiday period, we will provide Li Auto users with complimentary charg
BEIJING, China, April 30, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it has completed its previously announced put right offer relating to its 0.25% Convertible Senior Notes due 2028 (CUSIP No. 50202M AB8) (the "Notes"). The put right offer expired at 5:00 p.m., New York City time, on Monday, April 29, 2024. Based on the information from Deutsche Bank Trust Company Americas as paying agent for the Notes, no Notes were surrendered for repurchase pursuant to holders' put right prior to the expiration of the put right offer. Following the Expiration Date, US$862,500,000 aggr
Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
BEIJING, China, April 23, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will hold an annual general meeting of the Company's shareholders (the "AGM") at 10:00 a.m. Beijing time on May 31, 2024 at 9/F, Office Tower C1, Oriental Plaza, 1 East Changan Avenue, Dongcheng District, Beijing, China for the purposes of considering and, if thought fit, passing with or without amendments each of the proposed resolutions as set forth in the notice of the AGM (the "AGM Notice"). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Co
BEIJING, China, April 18, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today launched Li L6, a five-seat premium family SUV. Li L6 will offer Pro and Max trims at retail prices of RMB249,800 and RMB279,800, respectively, and will commence deliveries in April 2024. Below is an overview of Li L6. For more details about Li L6, please visit Li Auto's official website. Li L6 is a premium large SUV that offers spacious interior and excellent configurations, with a length of 4,925 millimeters, width of 1,960 millimeters, height of 1,735 millimeters, and wheelbase of 2,920 millimeters. Its standard
Quarterly total revenues reached RMB25.6 billion (US$3.6 billion)1Quarterly deliveries reached 80,400 vehicles BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024. Operating Highlights for the First Quarter of 2024 Total deliveries for the first quarter of 2024 were 80,400 vehicles, representing a 52.9% year-over-year increase. 2024 Q1 2023 Q4 2023 Q3 2023 Q2Deliveries 80,400 131,805 105,108 86,533 2023 Q1 2022 Q4 2022 Q3 2022 Q2Deliveries 52,584 46,319 26,524 28,687 As of March
BEIJING, China, May 07, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. The Company's management will hold an earnings conference call on Monday, May 20, 2024, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wish to join the call, please complete online registration using the link provided below prior to the scheduled call start time. Upon registration, participants will receive the
Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
Quarterly total revenues reached RMB41.73 billion (US$5.88 billion)1Quarterly deliveries reached 131,805 vehiclesFull year total revenues reached RMB123.85 billion (US$17.44 billion)Full year deliveries were 376,030 vehicles BEIJING, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter and full year ended December 31, 2023. Operating Highlights for the Fourth Quarter of 2023 and Full Year 2023 Total deliveries for the fourth quarter of 2023 were 131,805 vehicles, representing a 184.6% year-over-year increase. Total delive
BEIJING, China, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will report its unaudited financial results for the fourth quarter and full year 2023 before the U.S. market opens on Monday, February 26, 2024. The Company's management will hold an earnings conference call on Monday, February 26, 2024, at 7:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wish to join the call, please complete online registration using the link provided below prior to the scheduled call start time. Upon registration, participants wi
Quarterly total revenues reached RMB34.68 billion (US$4.75 billion)1Quarterly deliveries reached 105,108 vehicles BEIJING, China, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2023. Operating Highlights for the Third Quarter of 2023 Total vehicle deliveries were 105,108 units in the third quarter of 2023, representing a 296.3% year-over-year increase. Deliveries 2023 Q3 2023 Q2 2023 Q1 2022 Q4 105,108 86,533 52,584 46,319 Deliveries 2022 Q3 2022 Q2 2022 Q1 2021 Q4 26,524 28,687 31,716 35,221
BEIJING, China, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will report its unaudited financial results for the third quarter of 2023 before the U.S. market opens on Thursday, November 9, 2023. The Company's management will hold an earnings conference call on Thursday, November 9, 2023, at 7:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wish to join the call, please complete online registration using the link provided below prior to the scheduled call start time. Upon registration, participants will
SINGAPORE, Sept. 25, 2023 /PRNewswire/ -- Challenges in the global macroeconomic and political climate have not deterred HIKE Capital, a leading founders' fund in China, from continuing to invest in innovative Chinese companies with the potential to shape the future. "We believe that Chinese entrepreneurs have the resilience to weather these cycles and develop top-notch technologies and products to shake up the world in the next digital wave," said Anna Xu, founder of HIKE Capital, at SuperReturn 2023 in Singapore. China's certainties in uncertain times China has transitioned from its position as the world's factory to become a global hub for product design and R&D, a remarkable fact that c
SINGAPORE, Sept. 25, 2023 /PRNewswire/ -- Challenges in the global macroeconomic and political climate have not deterred HIKE Capital, a leading founders' fund in China, from continuing to invest in innovative Chinese companies with the potential to shape the future. "We believe that Chinese entrepreneurs have the resilience to weather these cycles and develop top-notch technologies and products to shake up the world in the next digital wave," said Anna Xu, founder of HIKE Capital, at SuperReturn 2023 in Singapore. China's certainties in uncertain times China has transitioned from its position as the world's factory to become a global hub for product design and R&D, a remarkable fact that ca
Quarterly total revenues reached RMB28.65 billion (US$3.95 billion)1Quarterly deliveries reached 86,533 vehicles BEIJING, China, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2023. Operating Highlights for the Second Quarter of 2023 Total vehicle deliveries were 86,533 units in the second quarter of 2023, representing a 201.6% year-over-year increase. Deliveries 2023 Q2 2023 Q1 2022 Q4 2022 Q3 86,533 52,584 46,319 26,524 Deliveries 2022 Q2 2022 Q1 2021 Q4 2021 Q3 28,687 31,716 35,221 25,116 As o