Market Insight | LI AUTO-W Soars Over 5% at Opening, LI ONE Cumulative Deliveries Exceed 200,000 Units, LI AUTO-W Boosts June Sales Significantly

Zhitong
2024.07.11 01:36
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LI AUTO-W opened more than 5%, as of the time of publication, it rose by 5.06% to HKD 81, with a turnover of HKD 34.029 million. On the news front, LI AUTO announced that its flagship 6-seater SUV model "L9" will be launched in June 2022 and officially delivered in August of the same year, taking 680 days, with a cumulative delivery of 200,000 vehicles to date. A research report from CMB Securities pointed out that LI AUTO-W L6 erupted as scheduled, driving a significant increase in sales in June, with the speed of channel and supplementary network expansion reaching a new high. In addition, the company's nationwide NOA without maps has entered the forefront of intelligent driving, and the upgrade of intelligent driving is conducive to enhancing brand strength and improving product structure. The report further indicates that LI AUTO delivered 48,000 new vehicles in June, with year-on-year and month-on-month increases of 46.7% and 36.4% respectively. A total of 109,000 vehicles were delivered in the second quarter, close to the upper limit guidance of 105,000 to 110,000 vehicles. Cumulative deliveries from January to June reached 189,000 vehicles, up 35.8% year-on-year. In June, LI AUTO L6 deliveries exceeded 20,000 units, with cumulative deliveries exceeding 40,000 units after listing. With the promotion of L6, the company won the sales championship of Chinese new energy vehicles priced above 200,000 RMB in June

According to the information from Zhitong Finance and Economics APP, LI AUTO-W (02015) opened more than 5% higher. As of the time of publication, it rose by 5.06% to HKD 81, with a turnover of HKD 34.029 million.

On the news front, Li Auto announced that its flagship 6-seater SUV model, the Li ONE "L9", will be launched in June 2022 and officially delivered in August of the same year. It took 680 days to develop, with a cumulative delivery of 200,000 vehicles to date.

A research report from CMB Securities pointed out that LI AUTO-W L6 performed as expected, driving a significant increase in sales in June, with an innovative expansion speed of channels and capacity-building network. In addition, the company's nationwide NOA-free entry into the first echelon of intelligent driving will help enhance brand strength and improve product structure.

The report further mentioned that Li Auto delivered 48,000 new vehicles in June, up 46.7% year-on-year and 36.4% month-on-month. A total of 109,000 vehicles were delivered in the second quarter, approaching the upper limit guidance of 105,000 to 110,000 vehicles. Cumulative deliveries from January to June reached 189,000 vehicles, up 35.8% year-on-year. In June, Li Auto L6 deliveries exceeded 20,000 units, with cumulative deliveries exceeding 40,000 units since its listing. With the boost from L6, the company won the title of the best-selling Chinese new energy vehicle brand with a price of over 200,000 RMB in June