 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Li Auto Inc. (LI), through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. 
The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities.
It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.
On May 10th, Li Auto reported 1st Quarter March 2022 earnings of $0.46 per share on revenue of $1.5 billion. The consensus estimate was a loss of $0.17 per share on revenue of $1.5 billion. Revenue grew 176.4% on a year-over-year basis. The Company reports August 29th. Shares are riding a trendline support following its reorts of July deliveries. Li Auto said it delivered 10,422 of its Li ONE sports utility vehicle in July, up 21.3% year-over-year, but also slipping from June’s figure. Nio said that the production of its ET7 and EC6 vehicles in July was “constrained” by the supply of casting parts.
Entry Point: $33.80
Trading Range: $16.86 - $41.49
Stop Loss: $32.00
Trading Range: $37.75
LI closed at $30.50
