Li Auto Inc. (LI) Reports Q4 Revenue of $2.5B, Net Income of $140.3M, Deliveries of 46,319 EVs

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Go back to Li Auto Inc. (LI) Reports Q4 Revenue of $2.5B, Net Income of $140.3M, Deliveries of 46,319 EVs

Li Auto (LI) reports strong 4Q delivery numbers

March 1, 2023 8:11 AM EST

Li Auto (NASDAQ: LI) announced during its 4Q earnings release that the company had delivered 46,319 vehicles in the quarter, up 74.6% QoQ and 31.5% YoY. Li Auto indicated that its L7 model is enjoying an exceptionally high conversion rate to pre-orders, especially after test drive. Morgan Stanley analyst, Tim Hsiao believes that with a good backlog, Lis L7 could... More