Stay updated with breaking news from Li Auto. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.
Both investors and analysts are getting markedly more positive about Chinese auto makers.
Barclays downgraded shares of Li Auto (NASDAQ:LI – Free Report) from an overweight rating to an equal weight rating in a report issued on Thursday morning, Marketbeat reports. They currently have $25.00 target price on the stock, down from their prior target price of $39.00. A number of other research analysts also recently issued reports […]
The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.