Li Auto (NASDAQ:LI) stock is on the move Monday after the Chinese electric vehicle (EV) company released its delivery data for March 2024.According to the company’s latest release, its deliveries for the month of March 2024 soared 39.2% year-over-year. That saw Li Auto deliver a total of 28,984 units during the month. The company also reported its delivery data for the first quarter of 2024. It delivered a total of 80,400 EVs during the quarter. That’s a 52.9% increase compared to the first quarter of 2023. ...

Li Auto Inc (NASDAQ: LI) is in focus today after reporting a substantial year-on-year growth in deliveries for its first quarter.Li Auto delivered over 80,000 vehicles in Q1 Copy link to section The EV maker based out of Beijing, China delivered a total of 80,400 vehicles in Q1 – up a whopping 52.9% versus a year ago. Note that Li Auto had lowered its deliveries forecast last month to up to 78,000 vehicles versus 100,000 to 103,000 it had guided for earlier. Xiang Li – its chief executive said in a press re ...

2024 年3 月25 日 汽车汽配: 超配 证券研究报告 / 公司更新报告 理想汽车 (LI US, 买入, 目标价: US$46.00) 1Q24 交付指引下调，专注经营质量提升 目标价: US$46.00 当前股价: US$30.50 • 理想下调1Q24 交付指引至7.6-7.8 万台，下调全年交付目标至同比增长50-70% 股价上行/下行空间 +51% （对应54-64 万台之间）。 52周最高/最低价 (US$) 47.33/21.48 市值 (US$mn) 32,361 • Mega 销量低于预期，我们预计该车型销量短期维持在2,000 台/月左右；维持L6 月 当前发行数量(百万股) 1,061 销量达到20,000 台的预测。 三 (U个 S$月 mn平 ) 均日交易額 270 • 下调目标价至46.00 美元，维持“买入”评级。 流通盘占比 (%) 83 1Q24 交付指引下调，聚焦长期可持续发展。3 月21 日，理想发布公告下调1Q24 交付指 主要股东 (%) Amp Lee 17 引，由前期指引的10.0-10.2 万台下调至7.6-7.8 万台。根据理想公告，公司已于1-2 月累 ...

Upstart Chinese automaker Li Auto (LI -3.27%) on Thursday cut its deliveries estimate for the first quarter, acknowledging in a statement that the ramp-up plan for its first fully electric vehicle (EV), the Li Mega, might have been too optimistic.Wall Street responded quickly. Analysts at Barclays and Citi both cut their price targets for Li's stock on Friday. Is it time for shareholders to be concerned?Why Li Auto cut its deliveries guidance so close to the quarter's endLi Auto on Thursday said that it now ...

The auto industry’s journey toward an all-electric future faced significant challenges in 2023. Many of these challenges have persisted, forcing Wall Street analysts to revisit their previously bullish stance on the EV market. This piece identified three EV stocks with glowing ratings as investors prepare for a potential recovery.Earlier EV ambitions, driven by a projected $1.2 trillion investment by 2030, have led key players like Tesla (NASDAQ:TSLA) and Rivian to reassess strategies and investments.Tesla, ...

Shares of Li Auto (NASDAQ:LI) stock are down by about 7% today after the Chinese electric vehicle (EV) company provided a delivery outlook for the first quarter.For the period, Li now expects to deliver between 76,000 and 78,000 vehicles, down from its prior estimate of between 100,000 and 103,000 vehicles. That reflects a substantial drop of 24% at the midpoint of both estimates.The drop is due to lower-than-expected orders and a pacing mistake for its MEGA EV, which was launched on March 1. The MEGA’s Max ...

Shares of Chinese electric-car maker Li Auto (LI -7.56%) suffered their latest sell-off Thursday, falling 7.1% through 12:05 p.m. ET after updating projections for electric-vehicle (EV) production -- and disappointing investors. Just last month, Li Auto wowed investors with news of its 2023 accomplishments, including 173.5% sales growth and net profits that were up 18 times versus 2022. Instead of losing money in 2023, Li earned $1.7 billion.But Li then disappointed investors, warning that 2024 doesn't look ...

Li Auto (NASDAQ:LI) stock is falling hard on Thursday after the Chinese electric vehicle (EV) company reduced its outlook amid weakening demand.An update from Li Auto reveals that it now expects EV deliveries for the first quarter of 2024 to range from 76,000 to 78,000 units. That’s lower than its previous delivery guidance of 100,000 to 103,000 during the quarter.Li Auto chairman and CEO Xiang Li highlighted a few of the reasons for the delivery outlook decrease. Let’s get into them real quick below!LI Sto ...

China-based Li Auto Inc (NASDAQ:LI) announced earlier it expects electric vehicle (EV) deliveries to come around 78,000 vehicles for the first quarter, as opposed to the 103,000 it previously anticipated, due to lower-than-expected order intake. The security is down 7.3% at $31.63 this morning.Li Auto stock has suffered several bear gaps in the past month that have place it below the 20-day moving average, a trendline that had been acting as support earlier this month. Overhead pressure at the $47 level tur ...

BEIJING, China, March 21, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today provided an updated delivery outlook for the first quarter of 2024. Due to lower-than-expected order intake, the Company now expects its vehicle deliveries for the first quarter of 2024 to be between 76,000 and 78,000 vehicles, revised from the previous vehicle delivery outlook of between 100,000 and 103,000 vehicles. "I want to reflect ...