Li Auto's stock (02015.HK) surged 6.27% in Tuesday's intraday trading following the announcement of robust vehicle delivery figures for May 2025. The Chinese electric vehicle maker reported delivering 40,856 vehicles last month, marking a significant 16.7% increase compared to the same period last year.
The strong performance comes as Li Auto completed a comprehensive upgrade of its entire model lineup. The company began deliveries of its new Li MEGA Home model in late May, with production ramping up rapidly due to orders exceeding expectations. Li Auto's L series, including the L9, L8, and L7 models, have all received substantial enhancements. The L9 now features a dual-chamber air suspension and dual-valve CDC flagship suspension system, while the L8 and L7 come standard with dual-chamber Magic Carpet air suspension, setting them apart in their price segments.
Looking ahead, Li Auto is poised for further growth. The company is rolling out its latest OTA update (version 7.4), upgrading its smart assistant with new animated avatars and enhanced intelligence. Additionally, Li Auto expects to complete the deployment of its 2,500th super charging station in June, paving the way for the planned launch of its first battery electric SUV, the Li i8, in July. As of May 31, 2025, the company had expanded its retail presence to 506 stores across 152 cities, supported by an extensive network of service centers and charging stations.
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