Li Auto, a China-based electric vehicle (EV) manufacturer, has been receiving positive attention from investors and analysts. Here are some reasons why:
Ambitious Goals: Li Auto’s management has set an ambitious vehicle-delivery goal1. They aim to sell at least 400,000 units of the Li L7, Li L8, and Li L9 in 20241, which would exceed their total of 376,030 vehicles sold in 20231.
Innovative Ideas: Li Auto is trying out an interesting idea similar to what Nio is doing1. This could be referring to Nio’s flagship showroom, known as Nio House, which is a unique vehicle showroom that resembles a home1.
Strong Partnerships: Li Auto has a partnership with Nvidia, where Nvidia’s Drive Thor autonomous driving chip will power Li Auto’s ET9 electric sedan1.
New Launches: Li Auto is gearing up to launch its flagship multi-purpose vehicle, the Li MEGA, on March 11.
Positive Analyst Recommendations: Li Auto Inc. Sponsored ADR currently has an average brokerage recommendation (ABR) of 1.10, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by five brokerage firms