🟢 LI is trading 4.4% up today on strong June deliveries and new product launches

LI is trading 4.4% up at $12.26 following solid June vehicle delivery figures and the announcement of new product launches.

• The company reported 30,895 deliveries for June, bringing cumulative vehicle deliveries to 1,733,687.
• Sentiment was further bolstered by the launch of the Li L8 SUV featuring the in-house MACH M100 AI chip, with the Li L6 model expected to follow in July.