🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Li Auto reports robust November delivery numbers

EditorRachael Rajan
Published 02/12/2024, 15:22
LI
-

Today, Li Auto Inc . (NASDAQ:LI), a leading Chinese electric vehicle manufacturer with a market capitalization of $23.6 billion, disclosed its vehicle delivery figures for November 2024, showcasing a significant month-over-month increase. The update was part of a Form 6-K filing with the U.S. Securities and Exchange Commission, dated today.

The company, headquartered in Beijing, is known for its production of electric vehicles, particularly in the SUV segment. In the recent report, Li Auto revealed a substantial uptick in the number of vehicles delivered to customers during the month of November. This performance indicates a continued growth trajectory for the automaker in a competitive EV market, building on its impressive 42% year-over-year revenue growth.

The information in this article is based on an SEC filing.

InvestingPro analysis indicates that Li Auto is currently trading below its Fair Value, with 8 additional exclusive insights and a comprehensive Pro Research Report available to subscribers. These reports offer detailed analysis of what matters for over 1,400 top stocks, transforming complex data into actionable intelligence.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.