Driving Forward: How Li Auto is Shaping the 2024 EV Market Landscape

News Snapshot:

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The U.S. car market has changed direction in 2023 and the reason is Li Auto stock (NASDAQ:LI). Li’s success in China told Detroit it needs to slow its roll on big electrics. Ford Motor (NYSE:F) is selling so many hybrids it’s doubling production, while grappling with slower-than-expected sales of its all-electric trucks. Sales of hybrids are now expected to triple over the next 5 years. Thank Li, whose hybrids broke sales records for the sixth straight month in September. This is in the world’s most competitive electric car market, China....