Li Auto (LI, Financial) shares surged over 6.8% before the market opened, reaching $25.38. The jump follows the company's announcement that it has surpassed a cumulative delivery of over one million vehicles in just 58 months. This milestone marks Li Auto as the first emerging brand in China to achieve such a feat.
In previous reports, Li Auto disclosed delivering 53,709 new vehicles in September, representing a 48.9% increase year-over-year. Additionally, during the third quarter of 2024, the company delivered 152,831 vehicles, a 45.4% increase compared to the same period last year.
