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Li Auto August Delivery Falls 52%

Li Auto Inc (NASDAQ:LI) said it delivered 4,571 vehicles in August 2022, down 52% year-on-year and 56% sequentialy. The cumulative deliveries reached 199,484…
byShivani Kumaresan
September 1, 2022
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  • Li Auto Inc (NASDAQ:LI) said it delivered 4,571 vehicles in August 2022, down 52% year-on-year and 56% sequentialy.
  • The cumulative deliveries reached 199,484 as of the end of August.
  • Li started deliveries of its flagship smart SUV, Li L9.
  • The company is planning to launch and start delivery of its large premium smart SUV, Li L8, in early November.
  • Li had 265 retail stores in 118 cities as of August 31, 2022.
  • Price Action: LI shares are trading lower by 1.98% at $28.20 in premarket on the last check Thursday.
 
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