Is Li Auto Inc. (LI) The Best EV Stock to Buy Under $50?

We recently collected a list of 10 best EV shares to buy less than $ 50. In this article, we will look at the place where Li Auto Inc. (NASDAQ: LI) against other EV shares of less than $ 50.

Electric vehicle sales (EV) continues to grow, but at a slower pace than many previously expected. In 2024, sales of electric and hybrid vehicles in the United States reached 20 % of the sales of new car and trucks for the first time. While this is a tremendous achievement, it comes at a slower rate than expected and the traditional diesel vehicles are still dominating the market. The internal combustion engines of gas or diesel fell to less than 80 % for the first time in the history of modern cars. These models constituted 79.8 % of sales in 2024.

According to Motor Intelligence automatic data, 1.3 million hybrid cars were sold 1.3 million hybrid cars, which include ingredients for ingredients, last year. However, there is more uncertainty about how sales of all hybrid electric cars and hybrid components are affected by the potential measures of president Trump as well as the ongoing trade war.

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Globally, China is still the largest market for EVS. According to the China Automotive Association for Passengers, the sales of new energy cars, which includes battery and hybrid cars only, jumped 42 % to about 11 million units in 2024. The rapid growth of new energy vehicles in China has been supported in recent years by a mixture of support and consumer purchase subscription.

However, CNBC reported that the EV market in China may suffer from a sharp slowdown in 2025, as HSBC analysts expect only 20 % slower growth in 2025 due to the unification of the industry and the decrease in margins of troubled companies. Yuqian Ding, head of Autos China research at HSBC, said in a report that the current situation is “not sustainable”. According to Ding, powerful sales allowed weakening companies to operate despite falling margins. HSBC analysts expect that unification is now accelerating inside the industry, which may force many small companies.

To collect our list from the top 10 EV shares to buy less than $ 50, we searched for the largest EV companies. We have reviewed our own classifications, financial media reports, traded investment funds, and various online resources to collect a list of the best EV shares. We have narrowed our choice to stocks at a price of less than $ 50 as of March 28, 2025. After that, we focused on the 10 best shares of preference by institutional investors. Data on the morale of the surrounding hedge fund was taken with all shares of the Insider Monkey Q4 2024 database of more than 1000 elite hedge boxes. Finally, the 10 best EV shares were ranked to buy less than $ 50 in an upward arrangement based on the number of hedge boxes bearing their shares from Q4 2024.