Summary by Futu AI
Li Auto Inc., a prominent player in China's new energy vehicle (NEV) market, has reported a significant increase in vehicle deliveries for September 2024. The company delivered 53,709 vehicles, marking a 48.9% rise compared to the same month in the previous year. This surge contributed to a third-quarter delivery total of 152,831 vehicles, up 45.4% year over year. By the end of September 2024, Li Auto's annual delivery figure stood at 341,812 vehicles, with cumulative deliveries reaching 975,176. The company's chairman and CEO, Xiang Li, highlighted the growing market share of leading brands in the NEV sector, with Li Auto capturing over 17% in the RMB200,000 and above market segment. Li Auto is also on the verge of producing and delivering its one millionth vehicle in...Show More