Li Auto Inc. (LI) August weekly 46 straddle into quarter results

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Li Auto (LI) looks to surpass rivals in China by 2024

August 9, 2023 8:47 AM EDT

Li Auto (NASDAQ: LI) announced Tuesday evening its intention to surpass the sales of BMW, Mercedes-Benz, and Audi in China by 2024. This ambitious goal comes as the emerging Chinese automaker accelerates the introduction of new vehicle models and ramps its manufacturing efforts.

"We would strive to become the no.1 premium car brand in China in 2024 in terms of... More

Shares of Li Auto (LI) inch towards record high ahead of 2Q release

August 7, 2023 2:32 PM EDT

Chinese electric vehicle maker, Li Auto (NASDAQ: LI) hit a fresh 52-week high of $47.33 intraday Monday and is on the cusp of hitting its record $47.70 set in November 2020, a few months after its IPO.

As of the time of this report, the stock is holding steady at around... More