Li Auto Inc. April 2024 Delivery Update

BEIJING, China, May 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the Company delivered 25,787 vehicles in April 2024, up 0.4% year over year. The cumulative deliveries of Li Auto vehicles reached 739,551 as of the end of April 2024.

“Li L6, our first model priced under RMB300,000, has garnered widespread popularity among young families following its April debut. We will commence large-scale deliveries in May,” commented Xiang Li, chairman and chief executive officer of Li Auto. “During the May Day holiday period, we will provide Li Auto users with complimentary charging services and cover the electricity costs at all our super charging stations. Also in May, we will roll out OTA version 5.2, significantly enhancing Li AD Pro and Li AD Max systems with more advanced and safer autonomous driving, automated parking, and active safety features, among others. Additionally, following this upgrade, users will be able to control their vehicles through Siri, enjoying a more convenient and faster voice control experience. With gratitude for the support from nearly 740,000 users, we remain committed to focusing on user value and consistently honing our products and services to create happiness for families.”

As of April 30, 2024, the Company had 481 retail stores in 144 cities, as well as 361 servicing centers and Li Auto-authorized body and paint shops operating in 210 cities. 386 super charging stations have commenced operation across the country, equipped with 1,678 charging stalls.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Create a Mobile Home, Create Happiness (创造移动的家, 创造幸福的家). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. The Company started volume production in November 2019. Its current model lineup includes Li MEGA, a high-tech flagship family MPV, Li L9, a six-seat flagship family SUV, Li L8, a six-seat premium family SUV, Li L7, a five-seat flagship family SUV, and Li L6, a five-seat premium family SUV. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions while expanding its product line by developing new BEVs and EREVs to target a broader user base.