Li Auto Inc. December 2022 Delivery Update
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BYD reports December sales in line with overall market
January 3, 2023 8:26 AM ESTChinese electric vehicle maker, BYD announced their December sales numbers with passenger NEV sales jumping 2% MoM and 153% YoY to 234.6k units. The companys December wholesale sales rose by ~5k units MoM, decelerating from 12k/17k increments seen in the last two months. Morgan Stanley analyst, Tim Hsiao believes that... More
'Give the company credit'; Morgan Stanley bullish on Li Auto's (LI) record numbers
January 3, 2023 7:58 AM ESTMorgan Staley reiterated an Overweight rating and $23.00 price target on Li Auto (NASDAQ: LI) following the Chinese electric car makers record-breaking December sales. LI reported sales of 21,233 units in December. Up 41% MoM and 51% compared to the same time last year. The December delivery brought... More
