Li Auto's stock price will attract attention this week as the company releases its financial results. On Monday, its American shares were priced at $27.56, which is nearly 18% lower than their peak this year and almost 60% higher than their lowest point in 2024.
Li Auto's delivery numbers for February were disappointing, with only 26,263 electric vehicles delivered, a 12% decrease from January. This decline is attributed to seasonal factors, and deliveries are expected to return to normal in March. I still recommend buying Li Auto shares because of its profitability, attractive price-to-revenue ratio, and better vehicle margins compared to NIO and XPeng.
Following a successful week of gains at the end of February, two major Chinese electric vehicle (EV) manufacturers saw their stock prices fall sharply and unexpectedly on March 3.
BEIJING, China, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a top player in China's new energy vehicle sector, reported that it delivered 26,263 vehicles in February 2025, which is a 29.7% increase compared to the same month last year. By February 28, 2025, the total number of vehicles delivered by Li Auto reached 1,190,062.
BEIJING, China, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (Nasdaq: LI; HKEX: 2015), a top company in China's new energy vehicle sector, has announced that it will release its unaudited financial results for the fourth quarter and the entire year of 2024 before the U.S. market opens on Friday, March 14, 2025.
Li Auto is moving into electric vehicles with its new i8 SUV, but it faces challenges such as increasing costs, pressure on profit margins, and potential policy risks.
The stock price of Li Auto has risen significantly and is close to creating a golden cross pattern, which could lead to even higher prices later this year. On Friday, LI shares reached a high of $28.6, marking their highest point since October 30.
On the most recent trading day, Li Auto Inc. Sponsored ADR (LI) closed at $26.37, which is an increase of 1.35% compared to its last closing price.
In the latest trading session, Li Auto Inc. Sponsored ADR (LI) finished at $22.79, showing an increase of 0.75% compared to the day before.
The electric vehicle (EV) market has slowed down in recent years due to issues like inflation, higher interest rates, and supply chain problems. Despite this downturn, it has opened up some attractive investment chances for those who are willing to wait.