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LI - XPeng Still A Strong Contender In China's EV Race
August, 11 2021 09:11 AM
Li Auto Inc.
XPeng reached a record amount of deliveries for July, at over 8,000 units, as the P7 hit over 40,000 deliveries in its first year. Strong revenue growth at ~180% y/y is possible for the current fiscal year as deliveries are projected to rise to nearly 70,000 units. XPeng has multiple catalysts that can drive its growth in the upcoming years and solidify its spot as one of China's top EV manufacturers. For further details see:
XPeng Still A Strong Contender In China's EV Race
Stock Information
Company Name:
Li Auto Inc.
Stock Symbol:
LI
Market:
NASDAQ
Website:
lixiang.com
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