LI | Li Auto Inc.
Li Auto Inc., also known as Li Xiang, is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou. In 2015, Li Auto was created by Li Xiang. The company builds electric vehicles that use range extenders for a power supply. The company focuses primarily on premium EREV SUVs for the Chinese market.
Chinese EV manufacturers, led by NIO, LI AUTO, and XPENG, are making their mark in the global market with quality products and competitive pricing, despite the hurdles of penetrating the US market and navigating the broader industry shifts.
So how do you trade Nio after getting hit with a short report?
Li Auto, the Chinese electric vehicle maker is set to launch a $2B stock offering from U.S investors.
It was the news a lot of us were waiting to hear, particularly those who have investments in Chinese companies.
A Russian attack supported by China will likely lead to additional sanctions against China as well.
