November 13, 2020 Sophia Vida
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Chinese EV Automaker Li Explodes on Revenue Beat

Li Auto, China’s electric car startup, reported its first quarterly results since going public and saw its shares soar in Friday’s morning session. The stock skyrocketed as much as 25% after the company reported a top line beat for the third quarter. Li Auto reported revenue that jumped 28.4% from the previous quarter. Deliveries increased … Continue reading “Chinese EV Automaker Li Explodes on Revenue Beat”