Li Auto Charges Ahead In Fourth Quarter As Slowdown Looms

News Snapshot:

JUN LI/iStock via Getty Images Li Auto Inc. (NASDAQ:LI; 2015.HK) is increasingly looking like a survivor in the race to see who remains standing when an ongoing consolidation wraps up in China’s overheated new energy vehicle (NEV) sector. At the same time, the company’s strong fourth-quarter results released on Monday contained numerous signs of the stiff competition that is plaguing the sector, as well as of a sharp sector slowdown that many have predicted for this year. That slowdown could be harder-than-expected, following a growing number of negative media reports that are rapidly making Chinese consumers question the wisdom of...