Li Auto Reports Profit as Sales Surge
Li Auto, the Chinese electric-car maker, has announced its turnaround to profitability in the second quarter, driven by strong sales and improved profit margins. Financial Performance Li Auto posted a…
LI Auto Announces That Its Deliveries in May 2022 Grew by 165.9% YoY
(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…
Li Auto Stock Jumps 10% As Deliveries Rise 266% In February 2022
(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.…
Li Auto Reports 35,221 Deliveries in Q4 2021, Net Income Jumps to $46.4 Million
(Li Auto) Li Auto Inc. said that it delivered a total of 35,221 vehicles in the fourth quarter of 2021, an increase of 40.2% from the previous quarter and 143.5%…
Li Auto Deliveries Jump 190% in November to New Record Units
(Li Auto) Li Auto Inc. posted a record 13,485 deliveries of Li ONEs in November, an increase of 190.2% from the prior year. In the eleven months ending November 30,…
Li Auto Revenues Jump by 210% in Q3 2021 as Deliveries Reach 25,116
(Li Auto) Li Auto Inc. posted total revenues of RMB7.78 billion or US$1.21 billion in the third quarter of 2021, an increase of 209.7% from the prior year. The record…
LI Earnings Preview: Increased Sales and Growing Revenue
Li Auto’s automobile sales are on firm ground, having increased substantially in the latest quarter.But while sales revenue is growing, the company’s losing more money than anticipated.Despite missing estimates in…
Li Auto’s Deliveries Slows to a 102.5% Expansion in September on Chip Issues
(Li Auto) Li Auto Inc.’s deliveries in September 2021 reached 7,094 vehicles, an increase of 102.5% from the prior year. The jump was lower than 248.3% posted in August, as…
Li Auto Deliveries Jump 166.1% in Q2. Narrows losses by 34.6%
(Li Auto) Li Auto Inc. reported a total of 17,575 vehicle deliveries in the second quarter, a 166.1% year-over-year jump. Following a robust quarter, Li Auto narrowed net losses to…
Li Auto Seeks to Double its Car Sales by September
China EV maker Li Auto anticipates sales of about 10,000 cars every month from September, according to press release. The projections is an upgrade after deliveries jumped 11.3% last month…