Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI) today announced that the Company delivered 15,141 vehicles in January 2023, up 23.4% year over year. The cumulative deliveries of Li Auto vehicles reached 272,475 as of the end of January.

“We ranked first in both China’s full-size and large SUV markets for the full year of 2022, thanks to the outstanding sales performance of all three models we have brought to the market: Li L9, Li L8, and Li ONE. Fulfilling family users’ needs in the RMB300,000 to RMB500,000 price segment, our vehicles have emerged among the top choices of premium SUVs for families. Li L9 has dominated China’s monthly full-size SUV sales since last September, and Li L8 has defended the title of sales champion among large SUVs in China following Li ONE’s phenomenal performance, securing it in December 2022,” commented Xiang Li, founder, chairman, and chief executive officer of Li Auto. “With an unwavering commitment to our mission of 'Create a Mobile Home, Create Happiness,' we will continue to design and build products and services exceeding users’ demands. We look forward to unlocking new journeys for families of three with the official launch of Li L7, a five-seat flagship family SUV, on February 8, 2023.”

As of January 31, 2023, the Company had 296 retail stores in 123 cities, as well as 320 servicing centers and Li Auto-authorized body and paint shops operating in 222 cities.