Li Auto Delivered 28,984 Vehicles in March 2024, up 39.2% YoY, Q1 Deliveries Reached 80,400, up 52.9% YoY
Portfolio Pulse from Benzinga Newsdesk
Li Auto Inc. reported a 39.2% year-over-year increase in vehicle deliveries for March 2024, totaling 28,984 units. The company's Q1 deliveries also rose by 52.9% YoY to 80,400 vehicles. This growth establishes Li Auto as the first Chinese new energy automaker to surpass 700,000 cumulative deliveries, reaching 713,764 by the end of March 2024.
April 01, 2024 | 8:33 am
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Li Auto Inc. reported a significant year-over-year growth in vehicle deliveries for March 2024 and Q1, marking a milestone in cumulative deliveries.
The reported increase in vehicle deliveries for March 2024 and the first quarter, along with reaching a significant cumulative delivery milestone, are strong indicators of Li Auto's growth and market acceptance. This positive performance is likely to instill investor confidence and could lead to an uptick in LI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100