Li Auto surged over 6%, with weekly sales of 10,700 units, surpassing Audi and BMW to rank third among luxury brands

Li Auto surged more than 6%, closing at $20.01. On the news front, Li Auto released the weekly sales ranking, with Li Auto ranking first among new forces with 10,700 units sold in a single week, surpassing Audi and Bayerische Motoren Werke to become the luxury brand second only to Tesla and Mercedes-Benz. In August 2024, Li Auto delivered 48,122 new vehicles, a year-on-year increase of 37.8%. From January to August 2024, a total of 288,103 vehicles were delivered, a year-on-year increase of 38.4%

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