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Li Auto Inc. (NASDAQ:LI) is one of the best long term stocks to buy under $20. Li Auto Inc. (NASDAQ:LI) announced on June 1 that it delivered 33,350 vehicles in May 2026, and as of May 31, 2026, the company’s cumulative deliveries reached 1,702,792. It added that since March, its monthly deliveries of Li i6 have consistently surpassed 20,000 units.

Li Auto Inc. (NASDAQ:LI) launched and commenced deliveries of the all-new Li L9 in May, which marked the initiation of a fresh product update cycle for the Li L series. The Li L9 Livis received over 10,000 orders within two weeks of its launch. Management stated that the company has plans to host a dedicated technology event in June to offer insights into its capabilities across assisted driving, in-cabin interaction, foundation model, system agents, and in-house chips, which would be followed by the late-June launch of the all-new Li L8, a five-seat flagship SUV.

Li Auto Inc. (NASDAQ:LI) also reported that as of May 31, 2026, it has 498 retail stores in 160 cities, 543 servicing centers, and Li Auto-authorized servicing shops operating in 222 cities. It also has 4,088 supercharging stations in operation, equipped with 22,563 charging stalls in China.

Li Auto Inc. (NASDAQ:LI) is involved in the design, development, manufacture, and sale of premium smart electric vehicles. The company’s products include Li MEGA, Li L9, Li L8, and Li L7.

While we acknowledge the potential of LI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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