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Stock impact report

Li Auto: My Pick For The EV Market Will Likely Survive A Price War [Seeking Alpha]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: Seeking Alpha
The biggest risk facing LI is the potential slowdown in EV sales in China. This could trigger a price war due to oversupply. Given its fast-growing nature and relatively stable balance sheet, I believe that Li Auto could be among the remaining “survivors” of this difficult period. Li Auto ( NASDAQ: LI ) is commonly touted as the closest rival for Tesla ( TSLA ) in mainland China. This is because both companies compete in China's premium EV segment. Despite the two companies being somewhat comparable, the performance of Recommended For You Recommended For You Show less Read more
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