Celanese Corporation CE and Li Auto LI are collaborating to introduce a next-generation engineered material that will improve air quality in vehicle interiors.
The product, Hostaform POM XAP3, will debut in May as part of Li Auto’s upcoming vehicle lineup.
Li Auto plans to use the advanced material in essential interior parts of its upcoming vehicles. The compound is recognized for its ability to slash formaldehyde emissions by up to 90% versus typical industry levels.
“As consumers’ concern for in-vehicle environmental health continues to rise, a healthier cabin has become one of the core competencies of smart vehicles,” stated Jichao Duan, Head of the Materials Department at Li Auto.
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“We look forward to advancing technological progress in this field with Celanese, delivering a superior driving experience for our users.”
The latest polymer expands upon Celanese’s third-generation technology platform, which was created with an emphasis on eco-friendliness and occupant health.
“This collaboration not only demonstrates our leadership in material innovation, but also marks our further expansion into the new energy vehicles market in China,” said Senior Vice President, Engineered Materials, Celanese, Todd Elliott.
According to the companies, this innovation is intended to meet increasing expectations from both regulators and consumers for cleaner, more health-conscious vehicle interiors.
Li Auto Stock Prediction For 2025
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Li Auto, an investor could make an assessment about a stock’s long term prospects using a moving average and trend line.
If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Li Auto, the 200-day moving average sits at $23.7, according to Benzinga Pro, which is below the current price of $24.54. For more on charts and trend lines, see a description here.
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: CE shares traded lower by 0.34% to $44.33 at the last check on Wednesday.
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