Li Auto Inc. November 2022 Delivery Update
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Nio (NIO) and Li Auto (LI) reach record-high delivery numbers in November
December 1, 2022 8:36 AM ESTChinese electric vehicle makers, Nio Inc. (NYSE: NIO) and Li Auto (NASDAQ: LI) both announced today that their respective companys have reached record delivery numbers for the month of November.
Li Auto announced that the Company delivered 15,034 vehicles, achieving record-high monthly deliveries, and representing a 11.5% year-over-year increase. The cumulative deliveries of Li Auto vehicles reached 236,101 as of the end of... More
Deutsche Bank on China EVs: recent rally caused by short squeeze
December 1, 2022 7:51 AM ESTChina electric vehicle stocks rallied significantly during US trading on Wednesday, with Nio (NYSE: NIO) and Li Auto (NASDAQ: LI) both trading up around 20%, while XPeng (NYSE: XPEV) saw shares grow as much as 47%. Deutsche Bank analyst, Edison Yu believes that a large part of yesterdays rally was... More
