With Deliveries Doubling Year-Over-Year, Is Li Auto Stock A Buy At $28?

Passersby are walking past an LI auto store in Yantai, China, on January 31, 2024. (Photo by ... [+] Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChinese luxury electric vehicle maker Li Auto stock delivered 31,165 vehicles in January 2024, marking an increase of 105.8% versus the last year although it was down from the 50,353 units the company delivered in December. Li is seeing robust demand for its three SUVs, namely the Li L9, Li L7, and Li L8 which all combine gasoline generators with ba ...