The catalyst today appears to be a well-received earnings report from Li Auto (NASDAQ:LI). Based in the Chaoyang District of Beijing, Li Auto started volume production of its first model, the Li One, in November 2019. Pricing hasn’t been determined yet, but with ADRs at about $32 in morning trading, Li Auto will raise roughly $1.5 billion. Shares of some electric-vehicle (EV) stocks are taking a breather today after sharp rallies in recent weeks. Li Auto, a five … Announces Proposed Follow-on Public Offering of American Depositary Shares. Stay up-to-date or catch up with Long Island’s most important headlines by reading the local news on LongIsland.com. Long Island News Sponsored By Copiague Man Arrested In Deli Shooting That Killed 1, Injured 3 Suffolk County police say 62-year-old Dionicio Calderon-Oseguera was arrested Sunday. From December 11-13, TandyWear boutique will donate a portion of sales to the Long Island Coalition Against Bullying. The company said it expects to deliver 11K to 12K vehicles in Q4 and generate sales of about $475M. Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. Dow Jones futures: As coronavirus news whipsaws the stock market rally, an unsettling safe haven has appeared. Meanwhile, Li Auto stock soared on results. Among other electric-car stocks, Li Auto eased 3.5% to 31.36 and is also well extended past a 21.96 cup-with-handle entry, according to MarketSmith chart analysis. He maintained his previous buy rating on … Global News Select Disney, DraftKings, Palantir, Li Auto: What to Watch When the Stock Market Opens Today Provided by Dow Jones. Li Auto, Inc. designs, develops, manufactures and sells premium smart electric SUVs energy vehicle. It has delivered over 10,400 Li Ones as of June 30. Li Auto is selling roughly half the IPO ADR volume, about 47 million ADRs. Get Li Auto Inc. (LI:NASDAQ) real-time stock quotes, news and financial information from CNBC. -- Biopharmaceutical firm Urovant Sciences leapt 90% after majority shareholder Sumitovant Biopharma agreed to buy the company's remaining shares. Fang sees Li sales going from 30,000 units in 2020 to 1.7 million units in 2030 and 5 million units in 2050. Five-year-old Chinese startup Li Auto, which makes hybrid SUVs for the China market, went public on July 30th after raising $1.1 billion in an IPO. Follow LI. Here are some of our preliminary thoughts about the company and the upcoming IPO. Nov 13, 2020 2:21 PM UTC. It offers Li ONE, a six-seat electric SUV that equipped with a range of extension system and cutting-edge smart vehicle solutions. From spy shots to new releases to auto show coverage, Car and Driver brings you the latest in car news. Long Island Patch is a community platform. Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. -- Li Auto jumped more than 25% premarket after the electric-vehicle maker reported a quarter-on-quarter rise in revenue and gross margin. Nov 13, 2020 1:41 PM UTC. Get ready to hit the open road with reviews on the newest autos and car news. It provides safe, convenient, and cost-effective mobility solutions to families. Li Auto Inc. Neighbors can answer each other's questions, post community events and more. News; IPO Preview: Li Auto Seeks U.S. IPO For Product Development Capital. The Li Auto IPO added to the craze over electric car stocks, making a strong debut Thursday after pricing above forecasts. Find the latest automotive news. Chung upgraded Li Auto to buy from neutral, and boosted his price target for the shares to $45.60 from $27.10. LI Li Auto Inc Disney, DraftKings, Palantir, Li Auto: What to Watch When the Stock Market Opens Today ... LI Li Auto News . Xpeng lost … Global News Select Disney, DraftKings, Palantir, Li Auto: What to Watch When the Stock Market Opens Today Provided by Dow Jones. IPOStreet. 3 year-end moves Stimulus, unemployment The rich got richer Elon Musk relocates SUBSCRIBE NOW News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services ... Li Auto: What to Watch When the Stock Market Opens Today What … Li Auto leads Chinese EV sector to another big day Nov. 13, 2020 9:41 AM ET Li Auto Inc. (LI) By: Clark Schultz , SA News Editor 15 Comments There is no slowdown today … Read car news from the auto industry including auto shows, latest vehicles, future cars and more This is a space for local conversation. Few investments are emblematic of today’s trends than Li Auto (NASDAQ: LI).Even after its initial public offering, the excitement surrounding Li Auto stock hasn’t slowed down at all. 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