Lei has done what Tesla, Apple, Ford Motor and General Motors have been unable to do: create a hit, inexpensive electric vehicle—and fast. Tesla took more than a decade from its founding to reach the 300,

Li Auto (LI) stock forecast received a boost from JPMorgan’s price target hike. Analyst Nick Lai of J.P. Morgan lifted the price target on LI

KEY TAKEAWAYS U.S.-listed shares of Li Auto are rising 13% Tuesday after the Chinese electric vehicle manufacturer posted photos of its first all-electric SUV model.The gains followed the release of two photos of the new Li i8 model in its social media platforms,

Up until last year, the company sold extended-range electric vehicles (EREVs), which are cars with both an electric motor and a small internal combustion engine that powers the battery when it gets low.