Li Auto (LI) Lowers Q3 Delivery Guidance, Now Expects 25.5K Vehicles

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Li Auto Inc. Updates Third Quarter Delivery Outlook

September 26, 2022 5:00 AM EDT

BEIJING, China, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today provided an updated delivery outlook for the third quarter of 2022.

The Company now expects to deliver approximately 25,500 vehicles for the third quarter of 2022, revised from the previous vehicle delivery outlook of between 27,000 and 29,000 units. The revision is a direct consequence of the supply chain constraint, while the underlying demand for the Companys vehicles remains robust. The Company will continue to closely collaborate... More