(Li Auto) Li Auto delivered 11,496 Li ONEs in May 2022, an increase of 165.9% from the comparable month of last year.
Following the increases in May, the cumulative deliveries of Li ONE hit 171,467 since it debuted its vehicles in the market in 2019.
Li Auto acknowledged the ongoing supply chain challenges, pointing out that its parts suppliers in the Yangtze Delta region are yet to recover fully from the shortages.
Li Auto co-founder and president Yanan Shen said the EV maker is working with the supply chain partners to restore capacity and shorten delivery waiting times.
LI: NASDAQ is up +2.39% in premarket.