Li Auto Inc. September 2021 Delivery Update
October 01 2021 - 4:00AM
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015),
an innovator in China’s new energy vehicle market, today announced
that the Company delivered 7,094 Li ONEs in September 2021, up
102.5% year over year. The Company’s deliveries for the third
quarter of 2021 were 25,116, up 190.0% year over year. Total
deliveries of Li ONEs in the first nine months of 2021 reached
55,270 and the cumulative deliveries of Li ONEs as of September 30,
2021 reached 88,867.
“Deliveries of Li ONEs in September moderated
compared with the prior month due to the prolonged chip supply
shortage. Responding to the continually rising orders since the
release of the 2021 Li ONE, we are taking multiple measures to
ensure the supply of the auto parts, aiming to shorten the waiting
time of delivery for our users,” said Yanan Shen, co-founder and
president of Li Auto.
As of September 30, 2021, the Company had 153
retail stores in 85 cities, as well as 223 servicing centers and Li
Auto-authorized body and paint shops operating in 165 cities.
About Li Auto Inc.
Li Auto Inc. is an innovator in China’s new
energy vehicle market. The Company designs, develops, manufactures,
and sells premium smart electric vehicles. Through innovations in
product, technology, and business model, the Company provides
families with safe, convenient, and refined products and services.
Li Auto is a pioneer to successfully commercialize extended-range
electric vehicles in China. Its first model, Li ONE, is a six-seat,
large premium electric SUV equipped with a range extension system
and advanced smart vehicle solutions. The Company started volume
production of Li ONE in November 2019 and released the 2021 Li ONE
in May 2021. 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. Beyond Li ONE, the
Company will expand its product line by developing new vehicles,
including BEVs and EREVs, to target a broader consumer base.
For more information, please visit:
http://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”), 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. 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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