Li Auto Inc. Announces Unaudited First Quarter 2024 Financial Results
BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024.
- Li MEGA: in March 2024, the Company launched and commenced delivery of Li MEGA, its high-tech flagship family MPV.
- 2024 Li L Series: in March 2024, the Company launched and commenced delivery of the 2024 Li L7, Li L8, and Li L9.
- Tie Li, chief financial officer of Li Auto, added, “Despite the rollout of a new model, product iterations, and pricing adjustments, our first quarter financial results remained solid.
- Vehicle margin was 19.3% in the first quarter of 2024, compared with 19.8% in the first quarter of 2023 and 22.7% in the fourth quarter of 2023.