Li Auto reduces Q2 delivery forecast due to sales system upgrade, stock drops.

From Nasdaq: 2025-06-27 04:59:00

Li Auto Inc. (LI) shares dropped 3% in pre-market trading after the Chinese electric vehicle company reduced its second-quarter delivery forecast. The company cited a temporary impact from a sales system upgrade. Now expecting to deliver around 108,000 vehicles, down from the previous estimate of 123,000 to 128,000 vehicles. Li Auto is confident in completing its organizational upgrade before launching the Li i8, enhancing its capabilities for the new product cycle. Shares of Li Auto were trading at $27.11 on the Nasdaq pre-market.



Read more at Nasdaq: Li Auto Cuts Q2 Delivery Outlook; Stock Drops In Pre-market