Li Auto Inc. (LI) Delivered 47,774 EVs in June 2024

Li Auto Inc. (Nasdaq: LI) today announced that it delivered 47,774 vehicles in June 2024, up 46.7% year over year. This brought the Company’s second-quarter deliveries to 108,581, increasing 25.5% year over year. As of June 30, 2024, its cumulative deliveries reached 822,345 vehicles, ranking first among China’s emerging new energy auto brands.

“In June, our sales momentum continued to increase, with monthly deliveries exceeding 40,000 vehicles in total and surpassing 20,000 vehicles for Li L6 alone. Since the second quarter, Li Auto has reclaimed the top spot in sales among China’s emerging new energy auto brands, and has become the sales champion of Chinese auto brands in the RMB200,000 and higher NEV market, driven by the launch of our new model, Li L6, and the improvement of store efficiency,” commented Xiang Li, chairman and chief executive officer of Li Auto. “Today marks the ninth anniversary of Li Auto’s inception. Over these nine years, our team’s accomplishments have been nothing short of a growth miracle for Chinese auto brands. We extend our heartfelt thanks to our users for their companionship and to our partners for their collaborative efforts. As a company emphasizing on growth as its core driving force, we will focus on user value and continually iterate products and technologies. In early July, we will officially roll out our NOA independent of high-definition maps to all our Li AD Max users, making it available to use nationwide with ease. We welcome everybody to experience the latest version of our autonomous driving functions.”

As of June 30, 2024, the Company had 497 retail stores in 148 cities, 421 servicing centers and Li Auto-authorized body and paint shops operating in 220 cities, and 614 super charging stations in operation equipped with 2,726 charging stalls in China.

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