Li Auto’s electric vehicle deliveries reach new highs

Li Auto Inc.
LI,
+10.00%

talked about Friday that June deliveries of its electric vehicle (EV), the Li One, hit a brand contemporary month-to-month excessive of seven,713. The cease consequence’s an enlarge of 320.6% from final year, and an enlarge of 78.4% from the old quarter. Sleek orders of the Li One exceeded 10,000 in June, furthermore a brand contemporary story. For the 2d quarter, total deliveries absorb been 17,575, an all-time excessive, and up 166.1% year-over-year and 39.7% quarter-over-quarter. As of June 30, 2021, Li Auto had 97 retail shops across 64 cities. Tesla Inc.
TSLA,
-0.30%

furthermore announced supply numbers on Friday, a tiny missing analyst expectations. Li Auto stock rose 0.8% in premarket Trading, and has gained 20.3% for the year up to now. The S&P 500 index
SPX,
+0.58%

is up 15% for the period.

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