Which is better Li auto or NIO?
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Which is better Li auto or NIO?
With 475\% total expected sales growth from 2021 to 2025, Li Auto is growing significantly faster than NIO. Li Auto’s rival is projected to grow revenues 140\% over the next four years….Li Auto and NIO Valuation.
Li Auto and NIO Valuation | |
---|---|
Market-cap-to-sales (FY 2022) | 6.71 |
Est. Revenue Growth FY 21-25 | 139.6\% |
Which Chinese EV maker is the best?
Here’s the association’s list of the 15 best-selling new energy vehicles in China for the first three quarters of 2021:
- Hongguang Mini (SAIC-GM-Wuling)
- Model 3 (Tesla)
- Model Y (Tesla)
- Han (BYD)
- Qin Plus DM-i (BYD)
- Li One (Li Auto)
- BenBen EV (Changan)
- Aion S (GAC Motor spin-off)
Will NIO cars be available in the US?
Don’t expect a NIO factory in the U.S. If and when NIO decides to sell its cars in the U.S., it’s highly unlikely that the company will set up its own factory there. In fact, NIO doesn’t have its own factory to manufacture the cars it sells in China.
Is Li Auto a good buy right now?
CNN Business and TipRanks analysts both expect healthy growth in the stock’s share price with 36.50\% and 22.53\% median price targets, respectively. TipRanks rates it a strong buy. And 11 of CNN’s 14 analysts rate it a buy, with no sell ratings.
Is NIO selling cars in China?
The Chinese company sold a total of 10,628 electric cars (up 126\% year-over-year), which really stands out on the chart below, as the previous record was barely above 8,000 in June….NIO ES8.
Category | Sales China |
---|---|
Tags | china sales NIO sales sales september 2021 |
Make/Model | NIO ES6 NIO ES8 NIO EC6 |
Body Style | SUV/Crossover |
What is the price target for NIO?
Stock Price Targets
High | $556.10 |
---|---|
Median | $370.73 |
Low | $172.58 |
Average | $375.79 |
Current Price | $30.79 |
Who is biggest EV maker in China?
BYD Auto
BYD Auto (HKSE: 1211) (SZSE: 002594) In the span of a decade, BYD became the largest Chinese battery manufacturer, capturing half the world’s mobile-phone battery market.
Will NIO get as big as Tesla?
NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54\%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis.