Li Auto’s electric vehicle deliveries reach new highs

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Li Auto Inc.
LI,
+9.09%
said Friday that June deliveries of its electric vehicle (EV), the Li One, hit a new monthly high of 7,713. The result is an increase of 320.6% from last year, and an increase of 78.4% from the previous quarter. New orders of the Li One exceeded 10,000 in June, also a new record. For the second quarter, total deliveries were 17,575, an all-time high, and up 166.1% year-over-year and 39.7% quarter-over-quarter. As of June 30, 2021, Li Auto had 97 retail stores across 64 cities. Tesla Inc.
TSLA,
+0.14%
also announced delivery numbers on Friday, slightly missing analyst expectations. Li Auto stock rose 0.8% in premarket trading, and has gained 20.3% for the year to date. The S&P 500 index
SPX,
+0.75%
is up 15% for the period.

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