Li Auto Inc. is an innovator in China's new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric SUVs.
Through innovative products, technology, and business model, the Company provides customers with safe, convenient, and cost-effective mobility solutions.
Li Auto is the first to successfully commercialize extended-range electric vehicles in China.
The Company started volume production of its first model, Li ONE, in November 2019. With Li ONE,
he Company leverages its in-house technology to create value for our customers, focusing on range extension, smart technology, and autonomous driving solutions.
Beyond Li ONE, the Company aims to expand its product line by developing new vehicles to target a broader consumer base.
Our headquarters is located in Beijing, China.
8th Floor, Block D, Building 8,
4th District of Wangjing East Garden,
Chaoyang District, Beijing 100102
People's Republic of China
+86 (10) 8742-7209
We have 2,628 employees as of December 31, 2019.
Each ADS of Li Auto Inc. represents two Class A ordinary shares.
We intend to use the net proceeds from the IPO for (i) capital expenditures including further development of manufacturing facilities,
ii) research and development of new products, and (iii) general corporate purposes and working capital.
Electric-vehicle stocks are Wall Street's Wild West. EV stocks tracked by Barron's are up more than 160% year to date, led by Tesla's 250% rise.
Li Auto -- a maker of electric SUVs with onboard generators -- rose 43% in its market debut Thursday.
There is no lack of volatility in the sector. Shares in battery- and fuel-cell powered truck maker Nikola (ticker: NKLA),
for instance, moved double-digit percentage points seven separate days in July, and shares dropped 56% in the month.
Still, the stock is up more than 190% year to date.
All of this action is leaving Wall Street a little befuddled.
Most EV stocks now trade above analyst price targets. And those are the EV stocks followed by Wall Street analysts.
Four EV companies worth more than $15 billion -- including Li Auto (LI) -- don't even have analyst coverage yet.
Instead of raising or lowering stock prices and stock targets rapidly -- something analysts are loath to do -- they are writing worst-,
base-, and best-case scenarios for EV stocks and leaving it up to investors to figure out what to do next.
Analysts, in other words, are sitting on the fence. Still, such scenario planning is a good idea for investors, especially traders.
It can help them plan what to do no matter what happens, which is especially important in a sector like electric vehicles.
|LI News: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)||08/15/2022 07:09:53 AM|
|LI News: Li Auto Inc. Announces Unaudited Second Quarter 2022 Financial Results||08/15/2022 05:00:00 AM|
|LI News: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)||08/04/2022 04:07:48 PM|
|LI News: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)||08/03/2022 07:06:27 AM|
|LI News: Li Auto Inc. to Report Second Quarter 2022 Financial Results on August 15, 2022||08/03/2022 05:00:00 AM|