Li Auto Inc. July 2021 Delivery Update
August 01 2021 - 4:00AM
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an
innovator in China’s new energy vehicle market, today announced
that the Company delivered 8,589 Li ONEs in July 2021, crossing the
8,000-vehicle milestone for the first time while hitting a new
record. The deliveries were up 11.4% month over month and 251.3%
year over year, a remarkable rate of growth. As of July 31, 2021,
total deliveries in 2021 reached 38,743, bringing cumulative
deliveries of Li ONE to 72,340 since its market debut.
“Driven by outstanding product features and
performance, the 2021 Li ONE set an all-time high in monthly
deliveries once again. By the end of this year, we will launch a
series of major OTA upgrades to elevate our product offering to new
heights,” said Yanan Shen, co-founder and president of Li Auto.
The Company is accelerating the expansion of its
direct sales and servicing network. As of July 31, 2021, the
Company had 109 retail stores in 67 cities, as well as 176
servicing centers and Li Auto-authorized body and paint shops
operating in 134 cities, making its Li ONE more accessible to users
nationwide.
About Li Auto Inc.
Li Auto Inc. is an innovator in China’s new
energy vehicle market. The Company designs, develops, manufactures,
and sells premium smart electric vehicles. Through innovations in
product, technology, and business model, the Company provides
families with safe, convenient, and refined products and services.
Li Auto is a pioneer to successfully commercialize extended-range
electric vehicles in China. Its first model, Li ONE, is a six-seat,
large premium electric SUV equipped with a range extension system
and advanced smart vehicle solutions. The Company started volume
production of Li ONE in November 2019 and released the 2021 Li ONE
in May 2021. The Company leverages technology to create value for
its users. It concentrates its in-house development efforts on its
proprietary range extension system, next-generation electric
vehicle technology, and smart vehicle solutions. Beyond Li ONE, the
Company will expand its product line by developing new vehicles,
including BEVs and EREVs, to target a broader consumer base.
For more information, please visit:
http://ir.lixiang.com.
Safe Harbor Statement
This press release contains statements that may
constitute “forward-looking” statements pursuant to the “safe
harbor” provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Li Auto may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in 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, Li Auto’s ability to develop,
manufacture, and deliver vehicles of high quality and appeal to
customers; Li Auto’s ability to generate positive cash flow and
profits; product defects or any other failure of vehicles to
perform as expected; 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’s 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 regarding these and other risks is included in
Li Auto’s filings with the SEC. All information provided in this
press release is as of the date of this press release, and Li Auto
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please
contact:
Li Auto Inc.Investor RelationsEmail:
ir@lixiang.com
The Piacente Group, Inc.Yang SongTel:
+86-10-6508-0677Email: Li@tpg-ir.com
Brandi PiacenteTel: +1-212-481-2050Email:
Li@tpg-ir.com
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