10 Stocks Outperform Wall Street Indices on Wednesday

4. Li Auto Inc. (NASDAQ:LI)

Li Auto rose anew on Wednesday, jumping 10.30 percent to end at $32.92 apiece as investors resumed buying following the sneak peek of its new vehicle model which would kick off a new “intelligent” series.

Earlier this week, LI said it would launch a new series of vehicles called the I series, a smart driving system promising both innovation and intelligence.

A sneak peek of the first variant, Li i8, has already been announced earlier this week, albeit details on the pricing and the official launch date were yet to be divulged.

Li i8 will complement the carmaker’s existing electric SUVs under the L series and the MEGA premium MPV.

It also forms part of the LI product roadmap, where it plans to launch five range-extended electric vehicles. Apart from the i8, the company will also launch the i6, i7, and i9.