Li Auto achieves 2023’s annual sales target ahead of schedule

Shanghai (Gasgoo)- Li Auto Inc., one of Chinese main new energy vehicle makers, today announced that the company delivered 41,030 vehicles in November 2023, reflecting a spike of 172.9% year over year.

Li Auto's year-to-date deliveries reached 325,677 units as of the end of November 2023, achieving its 2023 target of 300,000 vehicles ahead of schedule.

According to Mr. Li Xiang, chairman and chief executive officer of Li Auto, bolstered by the strong growth momentum of our three Li L series models, the company’s monthly deliveries have exceeded 40,000 vehicles for two consecutive months. The Li L9, the Li L8, and the Li L7 have each surpassed the 100,000-unit cumulative delivery benchmark. Buoyed by the growing market demand, Li Auto will continue to strive for a 50,000-unit monthly delivery target in December with ample preparations in sales, supply, production, and delivery capabilities.

Mr. Li also added Li Auto has achieved substantial advancements in autonomous driving R&D, aiming to expedite the deployment of AD Max 3.0 through the upcoming OTA version 5.0 update in December. This enhancement will empower AD Max 3.0 with comprehensive autonomous driving features, including full-scenario autonomous driving (Navigation on ADAS) and assisted driving functions such as lane change control. Notably, it incorporates the industry's leading AEB active safety system and automated parking capabilities.

As of November 30, 2023, the company had 398 retail stores in 136 cities, as well as 320 servicing centers and Li Auto-authorized body and paint shops operating in 209 cities.