---
title: "Understanding the Market | Li Auto-W fell nearly 3%, with a cumulative decline of over 20% in stock price over the past month, and October delivery volume decreased by approximately 38% year-on-year"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/264131352.md"
description: "Li Auto-W fell nearly 3%, with its stock price dropping over 20% in the past month. As of the time of publication, it was down 2.72%, trading at HKD 78.7, with a transaction volume of HKD 731 million. On the news front, the delivery data released by Li Auto on November 1 showed that in October 2025, the company delivered 31,767 new vehicles, a year-on-year decline of approximately 38%. Notably, Li Auto recently announced a recall of the MEGA 2024 model, which has attracted market attention. The announcement stated that the vehicles within the recall range have insufficient corrosion resistance of the coolant, which under specific conditions could lead to corrosion and leakage of the cooling aluminum plates for the power battery and front motor controller in the cooling circuit, resulting in warning lights, limited power, and inability to power on. In extreme cases, this could cause thermal runaway of the power battery, posing safety risks"
datetime: "2025-11-04T03:41:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264131352.md)
  - [en](https://longbridge.com/en/news/264131352.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264131352.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/264131352.md) | [繁體中文](https://longbridge.com/zh-HK/news/264131352.md)


# Understanding the Market | Li Auto-W fell nearly 3%, with a cumulative decline of over 20% in stock price over the past month, and October delivery volume decreased by approximately 38% year-on-year

According to Zhitong Finance APP, Li Auto-W (02015) fell nearly 3%, with its stock price dropping over 20% in the past month. As of the time of writing, it is down 2.72%, priced at HKD 78.7, with a trading volume of HKD 731 million.

In terms of news, the delivery data released by Li Auto on November 1 showed that in October 2025, the company delivered 31,767 new vehicles, a year-on-year decline of approximately 38%. Notably, Li Auto recently announced a recall of the MEGA 2024 model, which has attracted market attention. The announcement stated that the vehicles within the recall range have insufficient corrosion resistance of the coolant, which under specific conditions can lead to corrosion and leakage of the cooling aluminum plates for the power battery and front motor controller in the cooling circuit, resulting in warning lights, limited power, and inability to power on. In extreme cases, this could cause thermal runaway of the power battery, posing safety risks

### 相关股票

- [Li Auto (LI.US)](https://longbridge.com/zh-CN/quote/LI.US.md)
- [LI AUTO-W (02015.HK)](https://longbridge.com/zh-CN/quote/02015.HK.md)

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