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0.000342876735813407 0.000685753471626935 -0.000514315103720232 -0.000342876735813529 0.000857191839533639 0.00428595919766844 0.00668609634836277 0.00651465798045595
Stock impact report

Why Li Auto Stock Jumped Monday [Yahoo! Finance]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: Yahoo! Finance
But one new vehicle from Li Auto (NASDAQ: LI) is showing there's still strong demand for the right EV products. Reports of strong orders for the company's latest vehicle, launched just last month, has Li Auto shares surging Monday morning. Shares jumped as much as 7% and were still trading 4.3% higher as of 10:25 a.m. ET. The move extends the momentum behind the stock in the weeks since the company launched its new L6 five-seat premium SUV. EV demand isn't dead Li Auto introduced its new SUV on April 18 as its first vehicle priced below 300,000 yuan, with both trims costing below the equivalent of $40,000. The large SUV is a family-oriented vehicle with a smart entertainment system and the ability to fold seats into a bedding area. Last week, Li Auto reportedly announced on Chinese social media that orders for the L6 had already surpassed 30,000. It then followed up that post with another today saying that orders were now over 41,000 units. That compares to a total of 25,787 v Show less Read more
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