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Li Auto reports robust November delivery numbers

EditorRachael Rajan
Published 03/12/2024, 01:22 am
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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.

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