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When they add new designs which they are working on and make more progress this thing will go parabolic
Li Auto ‘the new kid on the block’
Li Auto ($LI) – also known as Li Xiang – is a Chinese electric vehicle manufacturer founded in 2015 that designs, develops and manufactures. It’s supported by China’s largest digital consumer services Meituan and Bytedance. Interesting fact, the owner of these companies is also the founder of social media platform success TikTok. The company differs from the competition by mainly responding to electric vehicles with a longer range (EREVs), which may have a petrol engine or electric power source. The company is a new kid on the block when it comes to the stock market as it recently rang the well-known Nasdaq Opening Bell on July 30, 2020.
This start-up based in Beijing, China has set up quite a bit in six years. Its aim is to disrupt the transportation and automotive industries through full vertical integration. It produces smart EVs and electric SUVs to enable long cross-town journeys. It’s also the founder of a similar Uber platform in China including an on-demand ride hailing.
Although the website is completely in Chinese, it becomes clear that the company is not overreacting to the competition. Production of the car fleet currently consists of one SUV named “One” that resembles a mix between the SUV’s of Range Rover, Jaguar and Mercedes-Benz. They have the smallest car fleet of the companies discussed in this article, but at the same time perhaps also the most potential on the market for the coming years.
Li Auto raised $1.1 billion dollars on its Nasdaq debut. The target group on which the company has set its sights is the Chinese middle class striving for cleaner, smarter and larger vehicles. With an SUV under $50 thousand dollars, that goal seems to be fulfilling so far. It’s named by several Wall Street analysts as the direct competitor of Xpeng and seems to be already one step ahead with the American IPO. The list of investors is worth mentioning, as the second largest shareholder Wang Xing is the boss of major Chinese shopping platform Meituan Dianping.
What seems to give Li Auto a strong market position is the choice for EREVs. These vehicles come with an auxiliary power unit – a small combustion engine – that keeps cars moving when there is no charging station nearby. This responds to a current problem in China, where many regions have insufficient charging stations.
I have watched the trading from day 1 here. When this gets ready to move again it will happen fast. Can quickly pay a couple more dollars for it. I have begun re loading here
A Heads Up..It makes some big moves in after hours through pre market too
I'm sure quite a few got stuck at the top end of this move. relax it will surpass that
no doubt. The sector is priced very high. This is very cheap.
It will get going again. We should have support very near where we are at. Let in consolidate next week will be good imo
* * $LI Video Chart 08-27-2020 * *
Link to Video - click here to watch the technical chart video
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, the 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.
Li Auto Inc (LI)
19.75 ? -3.63 (-15.53%)
Volume: 23,990,840 @08/27/20 1:41:37 PM EDT
Bid Ask Day's Range
19.74 19.75 19.3 - 22.31
... we are here to #LootWallStreet and $LI worked for us ... #TakeProfits #EatLOSSES
Much like NIO profit taking in full swing right now. $20.00 was a lot of peoples stop sell goal. Still a buy after this shakes out.
U.S. Penalizes 24 Chinese Companies Over Role in South China Sea
https://www.nytimes.com/2020/08/26/business/economy/trump-sanctions-south-china-sea.html $LI
Chinese military fires ‘aircraft-carrier killer’ missile into South China Sea in ‘warning to the United States’
https://www.scmp.com/news/china/military/article/3098972/chinese-military-launches-two-missiles-south-china-sea-warning $LI
$LI: Chinese AUTO Stocks on a TEAR
But there's one no one is aware of yet :)
I am
GO $LI
* * $LI Video Chart 08-26-2020 * *
Link to Video - click here to watch the technical chart video
I think the main advantage they will have is in their 7 seater SUV designs
Chinese EV start-up Li Auto going full throttle ahead
https://www.freemalaysiatoday.com/category/leisure/2020/08/24/chinese-ev-startup-li-auto-going-full-throttle-ahead/
LI gets 300 miles per charge on electric engines that move the car, the petroleum is used to give additional range— this solves all range problem and charging station problem. When you run out of charge, just go to the nearest gas station and extend your range.
This solves the long trip issues. This thing will skyrocket once everyone knows this. Brilliant
Can't wait to see the new models they are working on. I know they want to focus on a much needed SUV. $$$$$$$$$$
agree both are good
Was the opposite yesterday with NIO and LI. Both are good.
Being played with in after hours do not fall for it I will buy some just because its a joke of a game by someone. Easy to manipulate when all the volume dies down
great to trade this but i will tell you make big money and hold a core . Ride the core up and down a bit and it will pay off big. I truly see this with a 1000 gain potential in time. couple years or so. That being said short term is very bright too
They have about a 17b cap now which is cheap by this sectors standards. The key here it has a low float. It traded beautifully right out of the box in its IPO and continues to trade perfectly. Its on its way up. even if you buy and it goes down a bit it will be back soon : )
Again, $LI is named as one of the four (Chinese) electric car manufacturers to keep an eye on ??
https://pennystocks.news/forgot-to-invest-in-tesla-these-4-chinese-electric-car-developers-are-next-tsla/
Guess I should trade some nio shares for some of these. Do we get a pull back or is this just starting? Pretty big gain today to continue it's uptrend. Tough call. Anyone know how many outstanding shares here?
... our trade worked great ... $LI #LootWallStreet
Glad i filled my position fast. I think this thing could have 500 to 1000 % gains it it over next couple of years. Sound crazy? Normally I would say yes. But this sector valuations are crazy. One thing is for sure imo. multi baggers ahead
I do feel a little compelled to finish my position very soon. I have the feeling this is going to get moving
This has amazing potential. Would not surprise me to see $100.00 a share in a year. I started trading it and was impressed with the trading of the stock right out of the box after IPO. Gave this credibility right away
I am now of the belief as it gets known the most money to be made is buy and hold longer term. Of course seeing progress and reports moving forward will give that belief credence or not. For now I am collecting a rather large position
I love the fact you can charge these Ev on the road yourself. They seem to be going to focus on a SUV too which I feel is needed
The analyst are saying Tesla may rise to a 1.5 trillion company in 5 years. A big part of that is the growth in the Chinese market. This bodes well for LI. I am quite excited about this one
$Li Morgan Stanley Initiates Stock's Coverage With Others Expected To Join Soon
While Li has only one vehicle in its portfolio so far, the Goldman analyst expects this number to rise in the future, with the factor playing an important role in his delivery estimates for the next five years.
Bernstein analyst Robin Zhu is equally optimistic about Li Auto's future, with this optimism being reflected in the firm's $21 price target for the company. Li IPO-ed at $11.50/share and today's two price targets factor in a roughly 83% upside over the IPO share price.
In addition to Bernstein and Goldman, investment bank Morgan Stanley also initiated its coverage of Li Auto today. Morgan analyst Tim Hsiao is responsible for determining the automaker's future, and the analyst has a $20/share price target for the company - which is roughly in line with his peers' determination.
Hsiao touts similar optimism for Li's product model as Fang did, and the analyst also believes that by focusing on premium sports utility electric vehicles, the company will be able to target a "sweet spot" in China's sizeable electric vehicle market.
According to its F-1 prospectus filing with the S.E.C., Li Auto delivered 10,000 Li Xiang One units by the end of June after it started deliveries in December. The Li Xiang One is named after the company itself which is called Li Xiang in China, with Li Auto being named after its founder Mr. Li Xiang in the East Asian country.
$Li Auto Gains Value Lost Since IPO Following Buy Recommendations From Goldman Sachs and Bernstein
As opposed to the United States where few pure electric vehicle manufacturers exist to supply the market demand, China's industry is a different story. The largest electric vehicle market in the world is buzzing with local companies that are eager to target the country's environmentally conscious and fiscally well-off population.
Li Auto entered the scene five years back with backing from Bytedance (known for its ownership of video-sharing and social networking platform TikTok) and Meituan. While the company's vehicles rely on electricity for fuel, they also come with the ability to use gasoline in case batteries run out or charging stations are not available.
The company's current share price gains on the U.S. stock market come after investment bank Goldman Sachs and Bernstein Research analysts expressed their confidence in the stock and urged investors to buy Li's shares. Both analysts shared their price targets for the company and gave $LI 'Buy' ratings.
Goldman Sachs' analyst Fei Fang's price target for Li sits at $20.60/share and the analyst expects Li to grow its vehicle deliveries by 1383% by the end of 2025 over 2020. Fang believes that Li's total vehicle deliveries will sit at 445,000 at 2025 end, with deliveries at the end of this year estimated to be 30,000.
The automaker's onboard electricity generator that compensates for the lack of battery charging stations has earned it praise from Goldman, with Li Auto now being on the bank's "conviction buy" list.
$LI Founded by a titan in China’s entrepreneurial community and backed by a battle-hardened internet billionaire, on July 30 Li Auto became the second Chinese new energy vehicle (NEV) maker to list on an American stock market after its $1.1 billion Nasdaq IPO.
The company’s strategy is uniquely low-key. Instead of pursuing fully electric vehicles, Li Auto is focused on plug-in hybrid vehicle technology. It hopes this will calm customers’ anxiety over vehicle range and reduce the high cost of EV ownership in China.
While competitors Nio and Xpeng have modeled their tactics after Tesla’s flashy approach, Li Auto has fashioned itself in Toyota’s image. It has applied the Japanese automaker’s cost-cutting strategies to the premium vehicle market.
... we bought some since chinese IPO's are still happening as of Friday atleast ...
Li Auto Inc (LI)
14.52 ? -0.64 (-4.22%)
Volume: 5,070,172 @08/14/20 7:59:59 PM EDT
Bid Ask Day's Range
14.5 14.8 14.31 - 15.36
LI Detailed Quote
Bernstein Initiates Coverage On Li Auto Inc with Outperform Rating, Announces Price Target of $21
$LI Li Auto Inc (LI)
16.56 ? -0.13 (-0.78%)
Volume: 3,993,855 @08/05/20 7:06:59 PM EDT
Bid Ask Day's Range
16.57 16.7 16.4 - 17.0
LI Detailed Quote
Looks like this will bounce around till we get more news and numbers in the next quarters.
Good for day traders, and long term investment.
$LI
Good morning... Looks to be up this morning! Too early to tell what the market thinks of $LI... But so far so good!
$LI THANK YOU ANY OPINION FOR COMING WK. ?????
RE;
Nice updates, pics and everything else... Thanks for all the info!
$LI
Auto sector is Hot
Quite possible... EV is the sector to be investing in. It is future!
Nice updates, pics and everything else... Thanks for all the info!
$LI
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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
Website: ir.lixiang.com
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.
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