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LI Oct 2024 26.000 put
- Benzinga
What's Going On With Chinese EV Stocks Nio, Li Auto, XPeng On Wednesday?
Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t
- Insider Monkey
Where Does Li Auto Inc. (NASDAQ:LI) Stand in the EV Industry?
We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss where Li Auto Inc. (NASDAQ:LI) stands in this list and whether it’s a good investment. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, […]
- Benzinga
Nio Provides A Glimmer Of Hope With Margin Improvements And Optimistic EV Delivery Outlook
On Thursday, Nio Inc (NYSE: NIO) issued its unaudited first fiscal quarter results that showed its financials were hurt by promotional activity and the price war Tesla Inc (NASDAQ: TSLA) ignited, as loss widened despite improved margins. But Nio managed to lift the spirits with a more optimistic second quarter outlook. Moreover, it recorded YoY growth in May 2024 deliveries, along with Li Auto (NASDAQ: LI) and XPeng Inc (NYSE: XPEV), but Nio was the only with triple-digit percentage gains, while
