Li Auto Achieves a Milestone of 400,000 Cumulative Deliveries

Li Auto Achieves 100,000-Vehicle Delivery Milestone in Under Four Months

Li Auto announced today that it has successfully completed its latest delivery of 100,000 vehicles in less than four months.

The company reached a significant milestone by delivering its 400,000th vehicle, the Li L7 five-seat SUV, at its Beijing delivery center.

In just 42 months since its first vehicle delivery in December 2019, Li Auto has become the fastest-growing new car-making brand in China to achieve this remarkable feat.

Earlier in March, Li Auto surpassed 300,000 cumulative deliveries. The recent progress highlights the completion of an additional 100,000-vehicle delivery in a record time frame of less than four months.

Looking ahead to the second half of 2023, Li Auto aims to break new ground by targeting a monthly delivery mark of 40,000 units in the fourth quarter with its L series, reaffirming its previous statement.

All of Li Auto’s current models available for sale are extended-range electric vehicles (EREVs), including the Li L7, Li L8, and Li L9, offering customers both versatility and efficiency.

With a record-breaking 32,575 vehicles delivered in June, Li Auto’s cumulative deliveries have now reached 396,451 units since its inception.

Recent data shows that Li Auto sold 6,500 units from June 26 to July 2, representing a 13.33 percent decrease compared to the previous week’s sales of 7,500 units.

Among its models, the Li L7 recorded sales of 2,800 units during the same period, as reported by local auto media outlet Dongchedi.

Additionally, 36kr reported today that Li Auto has raised its sales forecast for the second half of the year to approximately 240,300 units, signaling strong market demand.

The company anticipates average monthly sales of over 35,000 units in the third quarter and more than 42,000 units in the fourth quarter, according to the report.

Considering it delivered 139,000 units in the first half of the year, Li Auto is on track to surpass its initial annual sales target of 300,000 units, with projected sales exceeding 380,000 units for the full year, as stated in the report.