Healthy deliveries growth and robust free cash flows. International expansion might also be in the cards.
Last year was a mixed one for Chinese electric vehicle (EV) companies. Even with strong financial performances, stock upsides were capped with regulatory concerns. Additionally, chip shortages broadly impacted EV stock sentiments. However, I believe that Li Auto (NASDAQ:LI) stock is among the top EV stocks to consider for 2022 and beyond.
Over a 12-month period, LI stock has trended higher by 12%. A strong breakout on the upside seems imminent.
Let’s take a look at some of these potential catalysts.
The post Li Auto Stock Has Significant Upside Potential in 2022 and Beyond appeared first on InvestorPlace.