Summary by Futu AI
Li Auto Inc., a prominent player in China's new energy vehicle market, has reported a record-breaking delivery of 51,000 vehicles in July 2024, marking a significant 49.4% increase from the previous year. This milestone brings the company's total deliveries for the year to 239,981 and cumulative deliveries to 873,345 vehicles, positioning Li Auto at the forefront of China's emerging new energy auto brands. The company's success is partly attributed to the Li L6 model, which has maintained strong sales, particularly in the RMB200,000 to RMB300,000 price range. Li Auto's technological advancements were highlighted in July with the release of OTA versions 6.0 and 6.1, enhancing the autonomous driving, smart space, and smart electric features of the Li L series and Li MEGA. The company...Show More