Headwinds For Li Auto Despite Strong Deliveries
LI AUTO(LI) Forbes·2024-10-04 18:00
A Li Auto store in Shanghai, China, on September 26, 2024. (Photo by Costfoto/NurPhoto via Getty ... [+] Images)NurPhoto via Getty ImagesLi Auto, the largest of the emerging EV players in China, delivered a record 53,709 vehicles for September 2024 - an increase of 49% percent year-over-year. Sales also expanded by about 11.6% compared to August. Li’s total deliveries year to date stand at about 341,812 vehicles, an increase of 40% compared to last year. Li’s performance for the quarter was also better than ...