Financial OutlookAnalysts maintain a positive outlook on Li Auto, with a 'Buy' rating and a price target of $65, suggesting considerable upside potential from the current sell-off.
Product LaunchLi Auto launched the L6, an attractively priced mid-size five-seater SUV, which has received strong market interest with over 41,000 units booked shortly after its release.
Sales PerformanceAnalyst expects Li Auto's volume sales growth to recover, bolstered by robust orders and potential policy support in China that could drive the automotive sector.