Li stock forecast the LI stock forecast in the EV sector

The LI stock forecast in the EV sector remains solid, backed by rising hybrid EV adoption. Analysts project 15% YoY revenue growth if monthly deliveries stay above 35,000 units, aligning with bullish industry projections. Analysts expect the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to keep increasing oil output which has pushed down energy prices in the last few days. The group are set to meet on Sunday to decide on output for November, and could hike output further despite concerns that the oil market is already oversupplied. As with the ongoing dialogue about subsidy removal in the U.S. and how it will impact dominant forces and newcomers alike, we must ask the same questions in China. The subsidy environment has seen a host of companies enter the market, including those with very different business models, and the removal of subsidies would likely cause the most damage to those yet unable to carve out a position in the market. The EV industry’s innovation cycle is expected to drive valuation multiples higher.