Li Auto October Deliveries Fall 43.6% Y/Y to 29,025 Vehicles
LI is trading near its 52-week low of $10.66 (3.2% above the low).
Summary
October deliveries came in at 29,025 units, down 43.6% from 51,443 a year earlier and 8.8% below September's 31,817. That extends a deteriorating run: September was already down 15.6% month-over-month, and the stock is trading near its 52-week low of $10.66. The new Li MEGA contributed over 3,000 units, a small offset against the overall volume decline. Cumulative deliveries since inception reached 1.86M as of October 31. Product activity continues — the 2026 Li i6 launched October 28 with the MACH M100 chip, and an OTA 9.2 rollout with MACH VLA 2.5 is planned for November — but the delivery trend is the number that matters right now.
At the time of this announcement, LI was trading at $11.00 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $11.2B. The 52-week trading range was $10.66 to $20.95. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Seeking Alpha.