LI - EV maker Li Auto's stock has dropped 13% this year. Is now the time to buy?

Chinese EV maker Li Auto (NASDAQ:LI) has seen its stock fall 13% since the start of the year, despite being in the midst of a new model rollout and analysts rating the stock a strong buy. Is now the time to buy? While Li’s stock has declined significantly in recent months, it still fared better than Chinese peers Xpeng (XPEV) and NIO (NIO). Although the three stocks have traded largely in tandem over the past few months, Xpeng shares have tumbled 42% while NIO shares have dropped 31%. De-listing concerns are fading Chinese stocks have been volatile the past few months due largely to ongoing concerns that they may be delisted amid scrutiny by U.S. and Chinese authorities. But investors received some good news this month when the Chinese government announced it would be supportive of Chinese companies listing abroad. Based in Beijing, Li currently markets one EV model, the

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EV maker Li Auto's stock has dropped 13% this year. Is now the time to buy?