Li Auto Inc. July 2022 Delivery Update
August 01 2022 - 4:30AM
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 10,422 Li ONEs in July 2022, up 21.3% year
over year. The cumulative deliveries of Li ONE have reached 194,913
since the vehicle’s market debut in 2019.
“Today, the 200,000th Li ONE rolled off the
production line at our Changzhou manufacturing base. It took us
just 986 days to reach the production milestone of 200,000 Li ONEs,
once again setting a record speed among China’s emerging NEV
manufacturers following our historic speed in reaching the
100,000-unit mark. Li ONE is also the first domestic branded
premium model priced above RMB300,000 in China to achieve this
production milestone. As a premium smart electric SUV, Li ONE has
emerged as one of the top choices of large size SUVs for family
users in China, owing to its product strengths attracting strong
user endorsement. Meanwhile, our second model, Li L9, a flagship
smart SUV for families, has received positive feedback from our
users since its launch on June 21. It has accumulated over 50,000
orders, among which non-refundable orders confirmed for the model
exceeded 30,000. We welcome everyone to visit our retail stores to
test drive our Li L9 and enjoy the flagship driving experience
empowered by our self-developed range extension and chassis
systems, as well as our self-developed autonomous driving system,
Li AD Max,” commented Yanan Shen, co-founder and president of Li
Auto.
As of July 31, 2022, the Company had 259 retail
stores in 118 cities, as well as 311 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
ONE, a six-seat, large premium smart electric SUV, and Li L9, a
six-seat, full-size, flagship smart 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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