Li Auto Inc (NASDAQ: LI) shares are trading lower by some 7.12% to $21.91 Wednesday afternoon. China Passenger Car Association reported an increase in NEV sales but a decline in passenger vehicle sales for the first two months of the year.
Electric vehicle stocks mostly advanced in the week ended March 3, as positive sentiment seen in the broader market proved contagious. Market leader Tesla, Inc.
Chinese electric vehicle startup XPeng Inc. (NYSE: XPEV) reported on Wednesday a modest year-over-year decline in deliveries for February, extending a lean patch seen since mid-2022.
Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015)))), a leader in China's new energy vehicle market, today announced that the Company delivered 16,620 vehicles in February 2023,