Li Auto Inc. (LI) Delivered 7,649 Vehicles in October

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Bernstein Starts Li Auto (LI) and Xpeng (XPEV) at Outperform and NIO (NIO) at Market Perform, Says EV Adoption in China Picking Up

October 28, 2021 8:51 AM EDT

Bernstein analyst Eunice Lee started research coverage of Li Auto (NASDAQ: LI) and Xpeng (NYSE: XPEV) at Outperform and Nio (NYSE: NIO) at Market Perform.

Lee argues that it is now clear that EVs are the way forward for China. The latest data shows EV purchase... More

UPDATE: Bernstein Starts Li Auto (LI) at Outperform (correction)

October 28, 2021 6:19 AM EDT

(Updated - October 28, 2021 6:21 AM EDT)

Bernstein analyst Eunice Lee initiates coverage on Li Auto (NASDAQ: LI) with a Outperform rating and a price target of $43.00.

The analyst comments "We are attracted to the company's extended range electric vehicle ("EREV")... More