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<Research>CICC Keeps Outperform on LI AUTO-W, Urging Focus on Variants & Upgrades for L-Series Range-Extended Models
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The past sales failures of LI AUTO-W (02015.HK) have already been fully priced in, CICC wrote in its research report.

Given that the carmaker has been carrying out operational adjustments since 2H25, CICC suggested that investors should focus on the variants and upgrades for its L-series range-extended models this year, as well as the potential of the AI ecosystem in its AI glasses, robots, and other developments.

Related NewsCMBI Ratings, TPs on Auto/ Parts/ Related Stocks (Table)
CICC has kept an Outperform rating and a target price of HKD100 on LI AUTO-W.
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