Li Auto (NASDAQ:LI) delivered a record 40,422 vehicles in October 2023, representing an increase of 302.1% Y/Y
This is the first time that Li Auto’s monthly deliveries have exceeded 40,000 units.
As of the end of October, the company’s cumulative deliveries in 2023 had reached 284,647 vehicles.
Following the upward trend of monthly deliveries:
Li Auto’s chairman and CEO, Xiang Li, attributed the company’s strong performance to its “ever-improving organizational capabilities across production, sales, and services.” He also noted that Li Auto is the first Chinese emerging new energy automaker to achieve monthly deliveries of over 40,000 units, which is a testament to the company’s “entrance into the next stage of accelerated scale growth.”
As of October 31, 2023, the company had 372 retail stores in 133 cities, as well as 315 servicing centers and Li Auto-authorized body and paint shops operating in 210 cities.
Image and article originally from seekingalpha.com. Read the original article here.