Previous Close | 36.95 |
Open | 37.72 |
Bid | 36.27 x 1200 |
Ask | 36.42 x 800 |
Day's Range | 35.74 - 37.74 |
52 Week Range | 17.90 - 47.33 |
Volume | |
Avg. Volume | 5,224,350 |
Market Cap | 36.798B |
Beta (5Y Monthly) | 0.95 |
PE Ratio (TTM) | 157.83 |
EPS (TTM) | 0.23 |
Earnings Date | Feb 26, 2024 - Mar 01, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 53.92 |
BEIJING, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the Company delivered 41,030 vehicles in November 2023, representing an increase of 172.9% year over year. Cumulative year-to-date deliveries of Li Auto vehicles reached 325,677 as of the end of November 2023, achieving its 2023 target of 300,000 vehicles ahead of schedule. Xiang Li, chairman and chief executive
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As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that can cost less than gasoline cars. The emerging trend may provide a glimmer of hope for global automakers such as Toyota and Honda who are pursuing "multi-pronged" electrification strategies, as electric vehicle (EV) sales lose momentum in Europe and the U.S., partly because of high auto financing costs. One-third of total vehicle sales by Toyota, the world's top-selling automaker, are already hybrids and the company reported a 34% surge in hybrid sales in the six months to end-September, outpacing 9% growth in overall revenue.