Soochow Securities initiates coverage on Li Auto with Buy rating
Soochow Securities believes Li Auto's unique product positioning should allow it to enjoy a higher valuation premium than its peers.
Further Reading: Will German luxury car brands face same fate as Nokia in smartphone era?
It's not the first time in history that traditional brands have been hit by innovators.
Li Auto to report Q3 earnings on Nov 29
Previously announced figures show that Li Auto delivered 25,116 Li ONEs in the third quarter, up 190 percent from a year ago and 43 percent…
Li Auto sees 100,000th vehicle delivered
This means that as of November 16, Li Auto had delivered 3,484 units for the month.
Further Reading: Nio, Xpeng, Li Auto build their moats through external investments
Nio has invested in about 40 companies in 5 years, and Xpeng and Li Auto have also made outbound investments to build deeper moats.
Xpeng applies for Metaverse trademarks after Li Auto
Nio has not yet filed a trademark related to Metaverse, though its venture capital arm invested in an AR company in late September.
Li Auto delivered 7,649 vehicles in Oct, up 107% year-on-year
Li Auto said it received more than 14,500 new orders for the Li ONE in October.
Li Auto sees 100,000th Li ONE roll off line
With cumulative deliveries of 88,867 units through the end of September, the milestone means that it will easily surpass 10,000 deliveries in October.
Li Auto’s Li ONE ‘removed’ from China’s tax-free list, but this time investors learned the lesson
The removal of Li Auto's sole model, the Li ONE, from China's tax-free list has been widely reported by the Chinese media. But this…
Nio enters new ranking of most valuable Chinese brands, Xpeng and Li Auto do not
Nio makes the list for the first time this year, with a brand value of $8.604 billion higher than Sinopec and BYD.