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Saturday, July 11, 2020

Li Auto (LI) Stock IPO - Chinese EV Electric Car Company

July 11, 2020 - Chinese EV electric car company Li Auto plans to IPO this month under the ticker symbol "LI."  The rise of Tesla (TSLA) has lit a fire under electric car stocks recently with shares of Tesla (TSLA) jumping 270% in 2020.  Nio (NIO), which is Li Auto's rival in China, has seen a rally of 272% in 2020.

Li Auto (LI) stock will be red hot when it opens in a few weeks.  While I'm always skeptical of China stocks because of accounting scams, this IPO is worth trading if you don't want to invest like me.  I will be updating this post with more information when it is released.  Keep an eye on LI Stock!

Li Auto (LI) is an innovator in China's new energy vehicle market. They design, develop, manufacture, and sell premium smart electric SUVs. Through their product, technology, and business model innovation, Li Auto provides families with safe, convenient, and cost-effective mobility solutions. They are the first to successfully commercialize extended-range electric vehicles, or EREVs, in China. Their first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. They started the volume production of Li ONE in November 2019 and delivered over 10,400 Li ONEs as of June 30, 2020.

Li Auto (LI) IPO Details:

Coming Soon.......


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