Li Auto Stock Discussion

$Li Auto(LI.US)$ Sales of all EV brands in week 28 has been released today ( only in China mainland market).
Good news: Li Auto can rival Tesla in terms of new week sales.
Bad news: No one can see BYD’s tail light so far.

Carmakers $GEELY AUTO(00175.HK)$ , $BYD COMPANY(01211.HK)$ , $LI AUTO-W(02015.HK)$ and $NIO-SW(09866.HK)$ ebbed 0.8-1.1%.

$Chongqing Sokon Industry Group Stock(601127.SH)$
An all-electric variant of the hot-selling Aito M9 crossover (see specs) backed by Huawei and Seres scored five stars in the C-NCAP safety and crash test. Its overall performance is higher than the M9's major competitor Li Auto L9 (see specs). It makes Aito M9 the safest car evaluated in China.
The Aito M9 is a full-size SUV developed jointly by Huawei and Dongfeng's Seres. The BEV varian...

$Li Auto(LI.US)$ $XPeng(XPEV.US)$ $NIO Inc(NIO.US)$
The truth is Chinese EV won't have the same zest as western ones like Lucid and Rivian. Because after the last 2 shake up by Chinese Government after the pandemic alot of western investors are avoiding Chinese stocks. Most of these investors on Chinese EV are based in Asia. If the Chinese alone aren't buying these stocks, the west aren't going to pick up the slack. Last one year shows the Chinese capital market just not strong enough compared to ...

UNBELIEVABLE! $NIO Inc(NIO.US)$ $Li Auto(LI.US)$ $XPeng(XPEV.US)$

$BYD COMPANY(01211.HK)$ $Li Auto(LI.US)$ $BYD Company ADR(BYDDY.US)$
Song Zhiping, president of the China Association of Listed Companies, in a speech at the 2024 China Bridge (7th) Limited Partner Summit, has said that the only car producers making money from new energy vehicles are BYD and Li Auto.
In a keynote speech Song said that electric vehicles were subverting fuel vehicles. Many producers have to pr...

Car stocks $GEELY AUTO(00175.HK)$ and $BYD COMPANY(01211.HK)$ opened inclining over 1%, $LI AUTO-W(02015.HK)$ and $XPENG-W(09868.HK)$ opened hiking 4.4% and 5.4%, and $NIO-SW(09866.HK)$ opened escalating 2.3%.  $GWMOTOR(02333.HK)$ expected its 1H24 net profit to soar 3.7x to 4.3x YoY, and its shares opened 4.1% higher at $13.2.

$NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ $Li Auto(LI.US)$
Nio's Shenji NX9031 has taped out and is currently in testing, while Xpeng's smart driving chip is already in the process of being taped out. Li Auto also has plans to use its own smart driving chip. These chips will replace Nvidia Drive chips.
Nio's and Xpeng's in-house developed smart driving chips have finalized their designs, meaning the countdown is on...

$BYD COMPANY(01211.HK)$ $BYD Company ADR(BYDDY.US)$
Recent data released by the Israel Vehicle Importers Association reveals that Chinese car brands have taken the lead in Israel's auto market for the first half of 2024, making China the top car supplier to Israel.
According to the data, from Jan to Jun this year, Chinese automotive companies sold 34,601 fuel and electric vehicles in Israel. Korean and Japanese brands fo...