Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Li Auto Inc. regarding a class action lawsuit due to allegations of misleading statements and overstatements of vehicle demand during a specific period [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from February 26, 2024, to May 20, 2024 [2]. - The complaint claims that Li Auto overstated the demand for its vehicles and the effectiveness of its operating strategy for the Li MEGA battery electric minivan [2]. - It is alleged that the company was unlikely to meet its Q1 2024 vehicle delivery estimates, which could negatively impact its financial condition [2]. Group 2: Shareholder Actions and Deadlines - Shareholders are encouraged to register for the class action by July 9, 2024, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [4]. - The firm emphasizes the importance of responsible business practices and corporate citizenship [4].

Core Insights - Li Auto Inc. delivered 47,774 vehicles in June 2024, marking a 46.7% year-over-year increase, and achieved total second-quarter deliveries of 108,581, up 25.5% year-over-year [1][2] - The company has reclaimed the top position in sales among China's emerging new energy auto brands and is the sales champion in the RMB200,000 and higher NEV market, driven by the successful launch of the Li L6 model [2] - As of June 30, 2024, Li Auto's cumulative deliveries reached 822,345 vehicles, solidifying its leadership in the new energy vehicle sector in China [1][2] Company Overview - Li Auto Inc. is a leader in China's new energy vehicle market, focusing on designing, developing, manufacturing, and selling premium smart electric vehicles [3] - The company's mission is to create safe, convenient, and comfortable products and services for families, emphasizing innovation in product, technology, and business models [3] - Li Auto has successfully commercialized extended-range electric vehicles in China since starting volume production in November 2019, with a diverse model lineup including Li MEGA, Li L9, Li L8, Li L7, and Li L6 [3] Retail and Service Network - As of June 30, 2024, Li Auto operated 497 retail stores across 148 cities, 421 servicing centers, and authorized body and paint shops in 220 cities [2] - The company has established 614 supercharging stations in China, equipped with 2,726 charging stalls, enhancing its service infrastructure [2]

Core Insights - Li Auto Inc. delivered 47,774 vehicles in June 2024, marking a 46.7% year-over-year increase, and achieved total second-quarter deliveries of 108,581, up 25.5% year-over-year [1][2] - The company has reclaimed the top position in sales among China's emerging new energy auto brands and is the sales champion in the RMB200,000 and higher NEV market, driven by the successful launch of the Li L6 model [2] - As of June 30, 2024, Li Auto's cumulative deliveries reached 822,345 vehicles, solidifying its leadership in the new energy vehicle sector in China [1][2] Company Overview - Li Auto Inc. is a leader in China's new energy vehicle market, focusing on designing, developing, manufacturing, and selling premium smart electric vehicles [3] - The company emphasizes innovation in product, technology, and business models to provide safe, convenient, and comfortable products and services [3] - Li Auto has successfully commercialized extended-range electric vehicles in China and has a diverse model lineup, including the Li MEGA, Li L9, Li L8, Li L7, and Li L6 [3] Retail and Service Network - As of June 30, 2024, Li Auto operated 497 retail stores in 148 cities, 421 servicing centers, and authorized body and paint shops in 220 cities [2] - The company has established 614 supercharging stations with 2,726 charging stalls across China, enhancing its service capabilities [2]

RADNOR, Pa., June 30, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Eastern District of New York against Li Auto Inc. (“Li Auto”) (NASDAQ: LI) on behalf of investors who purchased or acquired Li Auto Inc. securities between February 26, 2024 through May 20, 2024 inclusive (the “Class Period”). The actions charge Li Auto with violations of the federa ...

NEW YORK, June 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Li Auto Inc. (NASDAQ: LI).Shareholders who purchased shares of LI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/li-auto-inc-loss-submission-form/?id=87824&from=4CLASS PERIOD: February 26, 2024 to May 20, 2024 ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Li Auto To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 investing in Li Auto stock or options between February 26, 2024 and May 20, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.far ...

NEW YORK, June 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Li Auto Inc. (NASDAQ: LI).Shareholders who purchased shares of LI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/li-auto-inc-loss-submission-form/?id=87111&from=4CLASS PERIOD: February 26, 2024 to May 20, 2024 ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI) investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Li Auto securities between February 26, 2024 and March 20, 2024. Li Auto operates in the energy vehicle market in the People’s Republic of China and designs, develops, ma ...

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Li Auto Inc. (NASDAQ: LI) between February 26, 2024 and May 20, 2024, both dates inclusive (the “Class Period”), of the important July 9, 2024 lead plaintiff deadline. SO WHAT: If you purchased Li Auto securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO N ...

Rivian, Li Auto, and Polestar could be good contrarian plays on the EV market.Many electric vehicle (EV) stocks skyrocketed amid the buying frenzy in meme and growth stocks in 2021. However, many of those stocks subsequently crumbled as rising interest rates highlighted their staggering losses and popped their bubbly valuations. The broader slowdown of the EV market exacerbated that pressure.But after that steep sell-off, some of those former highfliers look like contrarian plays. I believe Rivian Automotiv ...