LI Auto (LI, Financial) shares rose by 4.4% in pre-market trading, while its Hong Kong-listed shares closed over 3% higher. The company reported impressive weekly sales for the second week of 2025, from January 6 to January 12, achieving 7,600 units sold. This strong performance allowed LI Auto to surpass its competitor, XPeng, reclaiming the top spot among new energy vehicle manufacturers.
In addition to the sales success, LI Auto has expanded its business operations by establishing a new sales and service company in Xiamen. The new venture will include a used car brokerage service, further broadening LI Auto's market presence and service offerings.