Li Auto Shares Surge as EV Maker Posts Record Deliveries, First Annual Profit
- Li Auto shares jump over 10% on first ever annual net profit
- Beat Q4 earnings expectations; delivered 131,805 vehicles, nearly triple YoY
- Reported Q4 gross profit of $1.38 billion, up 174.4% YoY
- Full year deliveries totaled 376,000+ vehicles
- Q4 margins per vehicle at 22.7%