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Here's Why Li Auto Jumped 11% Today


Shares of Chinese electric-vehicle maker Li Auto (NASDAQ: LI) were up by about 11% as of 1:30 p.m. EST Monday. The company announced its December and full-year vehicle deliveries over the weekend, and the numbers are growing quickly.

The company delivered 14,464 vehicles in the fourth quarter, bringing its full-year total to 32,624. Deliveries in Q4 were 67% higher than in Q3, and December deliveries of the company's Li One SUV were up 530% year over year.

Li Auto One SUV. Image source: Li Auto.

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Source Fool.com

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