- LI sits second between NIO and XPEV in terms of cumulative deliveries as all three continue to capitalize on strong EV demand in China.
- Revenue growth should continue strong and profitability could soon arrive as LI boasts the highest margins of the three.
- LI has the most attractive valuation based on forward PS compared to NIO and XPEV, aided by strong positive cash flow figures.
- Strong cash flow and a hefty balance sheet could aid further R&D, and partnerships like the one with NVDA could boost it ahead of peers.
For further details see:
Li Auto: Tempting At These Levels