Li Auto Surges 4% on a $1 Billion Buyback: Is LI or NIO the Better Chinese EV Bet?

Li Auto Surges 4% on a $1 Billion Buyback: Is LI or NIO the Better Chinese EV Bet? - 24/7 Wall St. S&P 5006,560.60 -0.47% Dow Jones46,079.00 -0.43% Nasdaq 10024,100.10 -0.52% Russell 20002,479.74 -0.61% FTSE 1009,891.80 -0.66% Nikkei 22552,605.50 -1.27% Investing Li Auto Surges 4% on a $1 Billion Buyback: Is LI or NIO the Better Chinese EV Bet? By David MoadelPublished Mar 24, 8:38AM EDT Quick Read Li Auto is betting on a product cycle recovery with the L9 launch to reverse delivery declines, while Nio is c ...