Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced that the Company delivered 11,034 Li ONEs in March 2022, up 125.2% year over year. This took the Company’s first quarter deliveries to 31,716, representing a 152.1% year-over-year increase. The cumulative deliveries of Li ONE reached 155,804 since the vehicle’s market debut in 2019.
“We will unveil our world-class flagship smart SUV L9 for family users on April 16. The L9 features our fully self-developed range extension system, chassis control system, and central vehicle domain controller, empowering its outstanding dynamic performance and drivability. Additionally, the L9 offers luxurious seats, a high-performance audio system, and an all-new three-dimensional interactive setting, providing our users with an industry-leading intelligent interactive experience. By adopting advanced autonomous driving sensors and a computing platform within its standard configuration, both typically found in vehicles priced over a million Renminbi, the L9 is capable of all-scenario Navigation on ADAS (NOA), creating a safer, more convenient and more comfortable experience for family users.” Yanan Shen, co-founder and president of Li Auto, commented, “Our overall production has been affected by the shortage of certain auto parts resulting from the resurging COVID-19 cases recently in the Yangtze Delta region. We continue to take measures to ensure supply and safeguard production, aiming to shorten the waiting time of delivery to our users.”
As of March 31, 2022, the Company had 217 retail stores in 102 cities, as well as 287 servicing centers and Li Auto-authorized body and paint shops operating in 211 cities.
Li Auto shares rose 3% in premarket trading.
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