Li Auto Inc. (LI) Misses Q1 EPS by 1c, Offers Outlook

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Go back to Li Auto Inc. (LI) Misses Q1 EPS by 1c, Offers Outlook

Li Auto Inc. Announces Unaudited First Quarter 2021 Financial Results

May 26, 2021 4:00 AM EDT

Quarterly total revenues reached RMB3.58 billion (US$545.7 million)1Quarterly deliveries were 12,579 vehiclesQuarterly gross margin reached 17.3%

BEIJING, May 26, 2021 (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 first quarter ended March 31, 2021.

Operating Highlights for the First Quarter of 2021

Deliveries of Li ONEs were 12,579 vehicles in the first quarter of 2021, representing a 334.4% year-over-year increase.... More