Li Auto Inc. (LI) Reports In-Line Q3 EPS, Revenue Beats, Offers Q4 Guidance

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Go back to Li Auto Inc. (LI) Reports In-Line Q3 EPS, Revenue Beats, Offers Q4 Guidance

Li Auto Inc. Announces Unaudited Third Quarter 2020 Financial Results

November 13, 2020 4:30 AM EST

Quarterly total revenues reached RMB2.51 billion (US$369.8 million)1 Quarterly deliveries were 8,660 vehiclesQuarterly gross margin reached 19.8%

BEIJING, China, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2020.

Operating Highlights for the Third Quarter of 2020

Deliveries of Li ONEs were 8,660 in the third quarter of 2020, representing a 31.1% quarter-over-quarter increase and setting a new quarterly record.... More