Li Auto (LI) Announces June 2025 Delivery Update

Li Auto Inc. (NASDAQ:LI) is one of the Best Performing EV Stocks So Far in 2025. Li Auto Inc. The company announced that it delivered 36,279 vehicles in June 2025, resulting in the second-quarter deliveries of 111,074. As of June 30, 2025, Li Auto Inc. (NASDAQ:LI)’s cumulative deliveries touched 1,337,810. Furthermore, the company announced that the recently launched Li MEGA Home significantly surpassed the sales expectations, which made Li MEGA the top seller among MPVs that are priced above RMB500,000, irrespective of the power source. The company has maintained its position as China’s best-selling domestic automotive brand in the RMB200,000 and above mid-to-high-end market for 2 consecutive years.

Morningstar highlighted that Li Auto Inc. (NASDAQ:LI) focused on its range-extension powertrain, which has become a key selling point for the company’s value-for-money vehicles. As it utilises less battery, plug-in hybrid electric vehicles provide significant price advantages as compared to BEVs. Despite product iterations, Li Auto Inc. (NASDAQ:LI)’s gross margin was healthy at 20.5%, and net income touched RMB646.6 million in Q1 2025, up 9.4% YoY, due to its disciplined cost management and growing economies of scale.

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Disclosure: None. This article is originally published at Insider Monkey.