LI AUTO-W Stock Forum

$NIO Inc(NIO.US)$  is catching up with $Li Auto(LI.US)$ without a vehicle discounts
High likely we already saw the peak of Hybrids & PHEV, EREV
And the price actions on $LI lately explains the investors concerns

$NIO Inc(NIO.US)$
Nio is reportedly offering incentives to entice Xiaomi SU7 order holders to switch to its models.
For those who have already ordered the Xiaomi SU7, Nio's offline stores are offering a subsidy of RMB 5,000 (USD690) to entice them to switch to Nio models, local media outlet Cailian reported today.
"We are subsidizing the same RMB 5,000 whenever you place an order," the report quoted a Nio store salesperson as s...

$XPeng(XPEV.US)$$Li Auto(LI.US)$$NIO Inc(NIO.US)$ What's happening?

Morning Movers
Gapping up
$Verizon(VZ.US)$ The telecommunications giant traded 1.5% higher as earnings per share came in ahead of expectations. Verizon earned $1.15 a share, excluding items, in the first quarter, three cents more than the consensus forecast of analysts surveyed by FactSet. However, the New York-based company posted $33 billion in revenue, slightly under the $33.32 billion figure penciled in by Wall Street. Verizo...

$Li Auto(LI.US)$
Li Auto has drastically cut the prices of its entire model range except for the newly launched Li L6, and is the first local automaker to follow suit after Tesla cut its prices yesterday.
Li Auto today announced that the 2024 Li L7, Li L8, Li L9, and Li Mega will begin offering the new pricing for new customers as well as those who have already ordered but have not yet taken delivery.
Most of the price reductions for the L-series ext...

$Li Auto(LI.US)$
Li Auto is down 5.8% in pre-market trading on weaker than expected Li L6 sales.
Li Auto's new extended-range electric vehicle (EREV) model, the Li L6, has seen much lower initial acceptance than its flagship SUV, the Li L9, despite a lower price.
The Li L6 received more than 10,000 orders in its first 72 hours of availability, the company said late yesterday on its social media platforms.
To date, the Li L6 has arr...

Xiaomi Automobile announced that it is going to partake in the Beijing International Automotive Exhibition for the first time from Thursday (25 April) to 4 May. The Exhibition will capture widespread attention from the automotive industry at home and abroad.
$XIAOMI-W(01810.HK)$$Apple(AAPL.US)$$Huawei Hongmong(BK0795.SH)$$LI AUTO-W(02015.HK)$$BYD COMPANY(01211.HK)$$Tesla(TSLA.US)$