Li Auto Inc. (LI) Tops Q2 EPS by 46c; offers guidance

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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