Why Li Auto stock soared 7% today?

Just days ago, $Li Auto(LI.US)$ said that, although its parts suppliers have resumed production, they aren't operating at full capacity yet. That's the biggest reason Li Auto's manufacturing facility isn't running at full capacity, either, which is hurting vehicle deliveries.
With Shanghai now reopening, investors in $Li Auto(LI.US)$ expect the company to grow at an even faster pace. $Li Auto(LI.US)$ is on solid footing -- it's one of the leading new energy vehicle manufacturers in China, with its only EV, the Li One SUV, emerging as the third-highest-selling SUV in May. Li Auto's deliveries jumped 176% sequentially in May.
$Li Auto(LI.US)$ also recently delivered solid numbers for its first quarter, including gross margin of 22.6% and a jump of nearly 168% in year-over-year revenue. The company is now ready to launch its second EV -- the Li Auto L9 SUV -- on June 21, with deliveries expected to start in August.