New manufacturers have been appearing in the electric car market over the past few years. Investors are interested in the securities of such companies. For example, Li Auto shares are considered a promising asset for trading. A relatively young manufacturer of electric cars is actively conquering the Chinese market and introducing new models of cars with electric motors.
Li Auto Inc. - is a Chinese manufacturer of premium electric cars. It is a young company founded in 2015. Until 2019, the company was called Chehejia and specialized in the production of low-grade electric cars. As of 2019, it was renamed Leading Ideal Inc. (Li Auto for short).
The automaker uses modern channels to advertise its products. Li Auto videos are distributed on major platforms such as Douyin, TikTok, and Kuaishou. The main market the company focuses on is China.
Li Auto's initial public offering on the stock exchange took place in 2020. At the time of the IPO, the value of the securities was $11.50. Before the initial public offering, the electric car maker raised more than $1.5 billion in investments. Investors included Amp Lee Ltd., Zijin Global, Rainbow Six, and Inspired Elite Investments. Li Auto stock is now available to retail investors on global stock exchanges.
The company markets comfortable luxury cars with electric motors. The automaker's first six-seat SUV, the Li ONE, went into production in 2019. One of the features of the cars from Li Auto is the intelligent solutions used in the production of luxury vehicles.
Li Auto focuses on the development, design, production, and sale of electric-powered SUVs. The secret to the automaker's success is the production of functional, technological, and practical vehicles. The company adheres to the optimal price-quality ratio of SUVs. The manufacturer uses reliably sealed batteries made of high-strength aluminum alloy. The SUVs of the brand in question are also equipped with a battery management system that provides battery power control.
Li Auto faces component shortages in the spring of 2022. Reduced supplies could also trigger an increase in the incidence of coronavirus in China. The company is now addressing this problem.
In April 2022, Leading Ideal unveiled its new L9 vehicle. It is a promising EREV SUV. The maximum speed of the vehicle is 180 km/h. It is equipped with a ternary (NMC) battery from CATL. The price of the novelty is expected to range between $70,700 and $78,600.
LI ONE's Q4 2021 revenue reached $1.67 billion, a 50% increase over Q3 of that year. The gross margin for the three months was 22.4%, up 17% from last year. For all of 2021, the automaker delivered 90,435 SUVs to the market.
In March 2022, more than 11,000 Li ONEs were put on the market. The number of SUVs of this model delivered was 125.2% higher than last year for the same period. In the first quarter of 2022, deliveries exceeded 31 thousand vehicles. This is more than 150% higher than the results for the first three months of 2021. Since its market debut in 2019, the total number of SUVs delivered for this model has exceeded 155,000.
The company started selling cars already during the COVID-19 pandemic. The increase in the number of coronavirus cases in China may harm sales. Li Auto Stock's value depends on the demand for electric cars.
To start trading shares of the Chinese automaker, go to your personal DotBig account.
In April 2021, Li Auto shares were trading at $20. In the second half of April 2022, the securities were trading at $22.
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