Li Auto shares were up 4.5% in recent premarket activity Friday after the company said it launched a five-seat battery electric sport utility vehicle.
The company said Li i6 is priced at 249,800 Chinese renminbi ($35,022) for its standard configuration. Deliveries are scheduled to begin Saturday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.