Li Auto Inc (NASDAQ:LI) shares are trading higher by 3.4% to $34.95 Wednesday afternoon after the company announced October deliveries of 40,422, up 302.1% from last year.
What Else?
The 40,422 deliveries in October 2023 represents a remarkable 302.1% YoY increase. The cumulative Li Auto vehicle deliveries in 2023 reached 284,647 by the end of October.
Li Auto says the company has maintained its lead as the best-selling premium brand among SUVs in China, with their Li L series dominating their respective market segments.
Additionally, they are generating excitement for their upcoming Li MEGA 5C BEV model, targeting multi-generational households.
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According to data from Benzinga Pro, Li Auto has a 52-week high of $47.33 and a 52-week low of $15.37.
