Li Auto Inc. November 2022 Delivery Update
01 December 2022 - 7:30PM
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 15,034 vehicles in November 2022, achieving
record-high monthly deliveries and representing a 11.5%
year-over-year increase. The cumulative deliveries of Li Auto
vehicles reached 236,101 as of the end of November.
“We set another monthly record with 15,034
deliveries in November. In particular, Li L9 has been the sales
champion of full-size SUVs in China for two consecutive months
since it commenced delivery, establishing it as a top choice for
six-seat full-size family SUVs in China. Meanwhile, according to
the China Insurance Automotive Safety Index evaluation results
released in November, Li L9 was the first domestic full-size SUV
tested for 25% frontal offset impact on both the driver and
passenger sides and achieved the G rating, the highest safety
rating, for both tests. Thanks to its ultra-high-strength body
structure, Li L9 demonstrated class-leading performance with the
ability to withstand a peak force of 116,475 Newtons in the roof
strength test,” commented Yanan Shen, co-founder and president of
Li Auto. “Additionally, we believe that users’ satisfaction for Li
L8 has exceeded their expectations since it commenced delivery in
early November. Its deliveries and Li L9’s proven success have
solidified our market position in the RMB300,000 to RMB500,000
price segment.”
As of November 30, 2022, the Company
had 276 retail stores in 119 cities, as well as 317
servicing centers and Li Auto-authorized body and paint shops
operating in 226 cities.
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 model lineup includes Li
L9, a six-seat flagship family SUV, Li L8 and Li ONE, both of which
are six-seat premium family SUVs, and Li L7, a five-seat flagship
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.
For more information, please visit:
https://ir.lixiang.com.
Safe Harbor Statement
This press release contains statements that may
constitute “forward-looking” statements pursuant to the “safe
harbor” provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Li Auto may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”) and The Stock
Exchange of Hong Kong Limited (the “HKEX”), in its annual report to
shareholders, in press releases and other written materials, and in
oral statements made by its officers, directors, or employees to
third parties. Statements that are not historical facts, including
statements about Li Auto’s beliefs, plans, and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Li Auto’s strategies, future business development, and
financial condition and results of operations; Li Auto’s limited
operating history; risks associated with extended-range electric
vehicles; Li Auto’s ability to develop, manufacture, and deliver
vehicles of high quality and appeal to customers; Li Auto’s ability
to generate positive cash flow and profits; product defects or any
other failure of vehicles to perform as expected; Li Auto’s ability
to compete successfully; Li Auto’s ability to build its brand and
withstand negative publicity; cancellation of orders for Li Auto’s
vehicles; Li Auto’s ability to develop new vehicles; and changes in
consumer demand and government incentives, subsidies, or other
favorable government policies. Further information regarding these
and other risks is included in Li Auto’s filings with the SEC and
the HKEX. All information provided in this press release is as of
the date of this press release, and Li Auto does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
For investor and media inquiries, please
contact:
Li Auto Inc.Investor RelationsEmail:
ir@lixiang.com
The Piacente Group, Inc.Yang SongTel:
+86-10-6508-0677Email: Li@tpg-ir.com
Brandi PiacenteTel: +1-212-481-2050Email:
Li@tpg-ir.com
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