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Benzinga
Benzinga
Business
Rachit Vats

Li Auto Outdoes Rival Nio In February Deliveries But Registers Similar Sequential Decline

Li Auto NIO Li Auto Inc Nio Inc NYSE U.S.-listed

Li Auto Inc (NASDAQ:LI) on Tuesday reported higher delivery numbers in February than rival Nio Inc (NYSE:NIO) even as the two U.S.-listed Chinese electric vehicle makers reported a sequential decline in volume.

What Happened: The Beijing, China-based Li Auto said it delivered 8,414 electric vehicles last month, a fall of 31.3% over January and a jump of 265.8% year-on-year.

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