Chinese electric vehicle stocks, including Li Auto, rallied on January 13, 2026. This followed the announcement that the European Union and China reached a consensus regarding EV tariffs.
The agreement requires Chinese EV exporters to submit price commitment letters. These letters establish a minimum price for vehicles sold within the EU market.
The news generated a positive market reaction, with several Chinese automakers seeing their stock prices increase during the trading day. Li Auto's Hong Kong-listed shares gained 1.153%.
This development offers relief to investors concerned about potential trade disputes impacting the expansion of Chinese EV companies into the European market.