Li Auto is a Chinese manufacturer of electric vehicles with headquarters in Beijing. The company is listed on the Hong Kong Stock Exchange (SEHK) and on Nasdaq. Learn the latest information and analysis on the company, LI stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Li Auto was founded by Li Xiang, a serial entrepreneur and visionary who has been dubbed the “Chinese Elon Musk.”
The company had a successful IPO in 2020, raising $1.1 billion at a time when three Chinese companies were delisted from the US stock market.
The company currently sells one model — the Li One, a luxury mid-size hybrid crossover. It was the second longest electric driving range on the market of PHEVs (plug-in hybrid electric vehicles) after BMW i3 at 180 km. The Li One was presented in April 2019 at the Shanghai Auto Show. It is the best-selling vehicle of its kind in China that has sold 45,000 since it was introduced.
The Li Auto stock price of around $22 (April 25, 2022) provides great value for a company that is promising to become profitable by the end of the year, unlike many other EV makers.
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