BEIJING, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — Li Auto Inc (NASDAQ:). (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in the new energy vehicle market in China, today announced that it delivered 58,513 vehicles in December 2024, showing a a 16.2% increase year-on-year. Total (EPA:) deliveries for the full year of 2024 reached 500,508 vehicles, bringing the Company’s cumulative deliveries to 1,133,872.

Li Auto’s December shipment represents a new monthly high. With this milestone, the Company has achieved an annual delivery of over 500,000 vehicles in just five years since its first delivery, setting the record for the fastest growth among premium car brand in the Chinese market. The Company’s intelligent assistant, Li Xiang Tong Xue, is now available for download on mobile devices, extending the benefits of its intelligent capabilities to more users. In January, Li Auto will start rolling out OTA update version 7.0, with an improved highway NOA built on an end-to-end architecture. This update will seamlessly integrate NOA’s city and highway capabilities, providing end-to-end functionality in all driving scenarios powered by the Company’s full-stack, proprietary dual system, which combines a end-to-end (E2E) model and a vision. -language model (VLM). In addition, Li Auto will introduce a first-of-its-kind intelligent reasoning visualization function, which will enable drivers to understand the decision-making and implementation processes of the intelligent system, promoting safer and more informed driving. autonomous driving.

As of December 31, 2024, the Company has 502 retail stores in 150 cities, 478 service centers and Li Auto-authorized body and paint shops operating in 225 cities. The Company also has 1,727 super charging stations in operation with 9,100 charging stalls in China.

About Li Auto Inc.

Li Auto Inc. is leading the new energy vehicle market in China. The Company designs, develops, manufactures, and markets premium smart electric vehicles. Its mission is: Create Mobile Home, Create Happiness (åˆ›é€ ç§»åŠ¨çš„å®¶,åˆ›é€ å¹¸ç¦ çš„å®¶). Through product, technology, and business model innovations, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in the successful commercialization of extended-range electric vehicles in China. While steadily developing along this technological route, it is building platforms for battery electric vehicles in parallel. The Company uses technology to create value for users. It has concentrated its in-house efforts on developing proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. The current model lineup includes Li MEGA, a high-tech flagship family MPV, Li L9, a six-seater flagship family SUV, Li L8, a six two-seater premium family SUV, Li L7, a five-seat flagship family SUV, and Li L6, a five-seat premium family SUV. The Company will continue to expand its product line to target a wider user base.

For more information, please visit: https://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 US Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as will, expect, expect, aim, future , intend, plan, believe, estimate, target, likely, challenges, and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (the SEC) and The Stock Exchange of Hong Kong Limited (the HKEX), annually its report to shareholders, in press releases. and other written materials, and 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 and high-power charging battery 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 profitability; product defects or any 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 vehicles; Li Auto’s ability to build new cars; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Additional information about these and other risks is included in Li Auto’s filings with the SEC and the HKEX. 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 Relations
Email: [email protected]

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: [email protected]

Source: Li Auto Inc.