Li Auto Inc. (LI) Reports Q3 Revenues of $1.21B, Adjusted Diluted EPS of $0.05; Guides Q4 Deliveries of 30K-32K Vehicles

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Why EV Li Auto (LI) Stock Is Up 8% Today

November 29, 2021 6:58 AM EST

Li Auto (NASDAQ: LI) shares are up over 8% in pre-open Monday after the company reported solid Q3 results.

The company reported deliveries of Li ONEs at 25,116 EV units for Q4, up 190% compared to a year ago, and from 17,575 delivered in Q2.

LI Auto also reported sales of RMB7.78 billion (US$1.21 billion), out of which RMB7.39 billion (US$1.15 billion came... More