Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it will host a launch event to unveil Li L8, the Company’s six-seat, large premium smart SUV for families priced below RMB400,000, on Friday, September 30, 2022, ahead of schedule. Li L8 will arrive at the Company’s retail stores nationwide during the National Day holiday in China and will commence delivery in early November.

“We decided to move our launch date for Li L8 forward based on overwhelming market response in anticipation of its release,” commented Yanan Shen, co-founder and president of Li Auto. “We also aim to provide our potential users with greater clarity of our planned model roadmap to better facilitate their purchase decision making. Our L series refers to SUVs based on our extended-range electric platform. Li L9 is a six-seat, full-size, flagship smart SUV for families priced below RMB500,000. Li L8 is a six-seat, large premium smart SUV for families priced below RMB400,000. The other planned L series models also include Li L7, a five-seat, large flagship smart SUV for families priced below RMB400,000, and Li L6, a five-seat, mid-size premium smart SUV for families priced below RMB300,000. We plan to launch Li L7 and commence delivery in the first quarter of 2023.”

The Li L8 event will start at 3:00 A.M. U.S. Eastern Time or 3:00 P.M. Beijing/Hong Kong Time on September 30, 2022, with livestreaming in Chinese accessible on the Company’s website: https://www.lixiang.com/. Replay with English subtitles will be available afterwards at https://www.lixiang.com/en#main.