Li Auto Expects To Deliver 20,000 Vehicles In December

by Shivani Kumaresan, Benzinga Staff Writer
December 30, 2022 12:30 PM | 1 min read |
  • Li Auto Inc LI said its December deliveries would exceed 20,000 vehicles.
  • The company provided the updates in its media event at the 20th Guangzhou International Automobile Exhibition.
  • LI delivered 15,034 vehicles in November 2022.
  • It also announced its plan to hold a dedicated launch event for Li L7, a five-seat flagship family SUV, on February 8, 2023.
  • Li L7 showroom models and test drives will be available in Li Auto retail stores nationwide starting on February 9, 2023.
  • The company expects Q4 revenue of RMB16.51 billion ($2.32 billion) – RMB17.61 billion ($2.47 billion).
  • The company's Q3 revenue of RMB9.34 billion ($1.31 billion) missed the analyst consensus of $1.40 billion.
  • Price Action: LI shares are trading 3.23% higher at $20.12 on the last check Friday.
  • Photo Via Wikimedia Commons
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