Li Auto: High Risk, High Reward Speculative Chinese EV Player
Li Auto's delivery and revenue are growing exponentially.The company might not be able to sustain its growth with an EREV vehicle.Despite risks, LI is an attractive company for risk-tolerant investors.Li Auto is a Chinese automobile company that was founded in 2015. The company, unlike its rivals Nio and XPeng , focuses on EREV vehicles, or a combination of BEV and an ICE vehicles. The concept behind an EREV is that a vehicle runs on a battery until it runs out of energy, then a small engine