25
Feb
16:46
Li Auto posts 67% increase in Q4 deliveries, resumes profit
Chinese EV start-up Li Auto reported on Thursday a 67% quarter-on-quarter growth in its fourth quarter 2020 deliveries, with earnings rebounding into a net profit from a previous loss.
The unaudited financial results cover the first full year for the company since it commenced deliveries of its only available model – Li ONE – in December 2019. Total deliveries in Q4 2020 were 14,464 units and in the full 2020 year were 32,624 units.
The hybrid elect…
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