BEIJING, China, Jan. 1, 2025 (GLOBE NEWSWIRE) — Li Auto Inc (NASDAQ:). (Li Auto or Company) (Nasdaq: LI; HKEX: 2015), the leader in China’s new energy vehicle market, today announced that it delivered 58,513 vehicles in December 2024, reflecting an increase of 16.2% over the previous year. In total (EPA:) deliveries for the full year 2024 reached 500,508 vehicles, bringing the company’s cumulative delivery to 1,133,872.
Li Auto’s delivery in December represents a new monthly high. With this milestone, the company has achieved an annual delivery of over 500,000 vehicles within just five years of its first delivery, setting a record for the fastest growth among premium automotive brands in the Chinese market. The company’s smart assistant, Li Xiang Tong Xue, is now available for download on mobile devices, extending the benefits of its intelligent capabilities to more users. In January, Li Auto will begin rolling out the OTA update version 7.0, which features an improved NOA highway built on an end-to-end architecture. This update will seamlessly integrate both city and highway NOA capabilities, providing end-to-end functionality in all driving scenarios powered by the company’s full-stack, proprietary dual system, which integrates an end-to-end (E2E) model and a vision-language model (VLM). In addition, Li Auto will introduce a first-of-its-kind intelligent thinking visualization function, which enables drivers to understand the decision-making process and execution of the intelligent system, promoting safer and more informed autonomous driving.
As of December 31, 2024, the company had 502 retail stores in 150 cities, 478 service centers and Li Auto-authorized body and paint shops operating in 225 cities. The company also had 1,727 super charging stations in operation equipped with 9,100 charging stations in China.
About Li Auto Inc.
Li Auto Inc. is the leader in the Chinese market of new energy vehicles. The company designs, develops, manufactures and sells premium smart electric vehicles. Its mission is: Create a mobile home, create happiness (åˆ›é€ ç§»åŠ¨çš„å®¶,åˆ›é€ å¹¸ç¦ çš„å®¶). Through product, technology and business model innovation, the company provides families with safe, convenient and comfortable products and services. Li Auto is a pioneer in the successful commercialization of extended-range electric vehicles in China. While firmly advancing along this technological route, it is simultaneously building platforms for battery electric vehicles. The company uses technology to create value for customers. It concentrates its own development efforts on its own range extension systems, innovative electric vehicle technologies and smart vehicle solutions. The company started mass production in November 2019. Its current model lineup includes Li MEGA, a premium family MPV, Li L9, a flagship six-seater family SUV, Li L8, a premium six-seater family SUV, Li L7, a flagship five-seater family SUV and the Li L6, a premium family SUV with five seats. The company will continue to expand its product offering to target a wider user base.
For more information, visit: https://ir.lixiang.com.
Safe harbor statement
This press release contains statements that may constitute forward-looking statements under the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as are will, expects, predicts, aims, future, intends, plans, believes, estimates, aims, probably will, causes and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (SEC) and The Stock Exchange of Hong Kong Limited (HKEX), in its annual report to shareholders, 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 and high-power battery electric vehicles; Li Auto’s ability to develop, manufacture and deliver vehicles of high quality and attractive to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other defects of the vehicle in the expected operation; 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 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 about these and other risks is included in Li Auto’s filings with the SEC and HKEX. All information provided in this press release is as of the date of this press release, and Li Auto undertakes no obligation to update any forward-looking statement, except as required by applicable law.
For investor and media inquiries, please contact:
Li Auto Inc.
Investor relations
Email: ir@lixiang.com
Christensen Consulting
Roger Hu
Phone: +86-10-5900-1548
Email: Li@christensencomms.com
Source: Li Auto Inc.
