Li Auto Inc. (LI)
After hours:
| Previous Close | 26.38 |
| Open | 24.34 |
| Bid | 24.78 x 1500 |
| Ask | 24.91 x 1400 |
| Day's Range | 24.12 - 25.16 |
| 52 Week Range | 21.48 - 47.33 |
| Volume | |
| Avg. Volume | 8,091,835 |
| Market Cap | 24.965B |
| Beta (5Y Monthly) | 1.03 |
| PE Ratio (TTM) | 15.97 |
| EPS (TTM) | 1.56 |
| Earnings Date | May 08, 2024 - May 13, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 52.27 |
- Yahoo Finance Video
China's EV price wars continue in world's largest EV market
Things are spicing up in Tesla's (TSLA) latest EV pricing bout with Chinese competitors in China's auto market, this time with Li Auto (LI) as both companies slash prices on electric vehicle models. Yahoo Finance's Akiko Fujita explains the multi-year timeline of EV price cuts from Chinese auto manufacturers — some noted to be more affordable on average than US counterparts — as China accelerates faster into electrification trends. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Stocks moving higher ahead of this week's Big Tech earnings
Equity markets (^DJI, ^IXIC, ^GSPC) are all moving higher Monday morning as several Big Tech companies are set to report earnings later this week. Yahoo Finance Co-Hosts Seana Smith and Madison Mills preview the Magnificent Seven tech stocks on deck to post first-quarter earnings results, while also eyeing the latest EV price war playing out in China between Tesla (TSLA) and Li Auto (Li). For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
ReutersChina's Li Auto cuts car prices in market share battle
Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would refund owners who had bought those models earlier this year, deepening a price war in the country. The move by Li Auto, the most popular extended-range hybrid seller in China, comes after price cuts by U.S. automaker Tesla and as BYD, the world's largest EV maker, revised down its prices for relaunched models. Li Auto announced cuts of between 18,000 and 30,000 yuan ($2,485-$4,142) on its L7, Li L8, Li L9, and Li MEGA models and said owners who had already picked up those models this year would also receive cash refunds.
