(Li Auto) Shares of Li Auto Inc. rose more than 10% on Tuesday after the company reported 8,414 vehicle deliveries in February, an increase of 265.8% from the prior year.
Following the gains in February, the cumulative deliveries of Li ONEs by the EV maker reached 144,770.
Li Auto said that it is ramping up measures to safeguard the customers from persistent supply bottlenecks and also shorten the delivery times.
The company said that as of February 28, it had about 220 retail stores ready in 105 cities. It also served 279 servicing centers and authorized body and paint shops in 204 cities.
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