{"id":447850,"date":"2021-03-02T03:03:05","date_gmt":"2021-03-02T08:03:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=447850"},"modified":"2021-03-02T03:03:05","modified_gmt":"2021-03-02T08:03:05","slug":"li-auto-inc-february-2021-delivery-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-february-2021-delivery-update\/","title":{"rendered":"Li Auto Inc. February 2021 Delivery Update"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEIJING, China, March  02, 2021  (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI), an innovator in China\u2019s new energy vehicle market, today announced that the Company delivered 2,300 Li ONEs in February 2021, representing a 755.0% year-over-year increase, which took cumulative Li ONE deliveries to 41,276.<\/p>\n<p align=\"justify\">\u201cOur February deliveries were affected by seasonal factors related to the Chinese New Year holiday, as well as the localized COVID-19 outbreaks in northern China,\u201d said Yanan Shen, co-founder and president of Li Auto. \u201cWith the continuous expansion of our direct sales and servicing network, and the effective control of the pandemic in China, we are confident of our growth momentum going forward.\u201d<\/p>\n<p align=\"justify\">As of February 28, 2021, the Company had 60 retail stores covering 47 cities, and 125 servicing centers and Li Auto-authorized body and paint shops operating in 90 cities. Looking ahead, the Company plans to accelerate the expansion of its direct sales and servicing network in order to cater to increasing user demand, and in preparation for new model launches in 2022 and beyond.<\/p>\n<p align=\"justify\">\n        <strong>About Li Auto Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Li Auto Inc. is an innovator in China\u2019s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric SUVs. Through innovative products, technology, and business model, the Company provides customers with safe, convenient, and cost-effective mobility solutions. Li Auto is the first to successfully commercialize extended-range electric vehicles in China. The Company started volume production of its first model, Li ONE, in November 2019. With Li ONE, the Company leverages its in-house technology to create value for its customers, focusing on range extension, smart technology, and autonomous driving solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles to target a broader consumer base.<\/p>\n<p align=\"justify\">For more information, please visit: <em>http:\/\/ir.lixiang.com<\/em>.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d 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 \u201cSEC\u201d), 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\u2019s 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\u2019s strategies, future business development, and financial condition and results of operations; Li Auto\u2019s limited operating history; risks associated with extended-range electric vehicles, Li Auto\u2019s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto\u2019s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto\u2019s ability to compete successfully; Li Auto\u2019s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto\u2019s vehicles; Li Auto\u2019s 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\u2019s 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.<\/p>\n<p align=\"justify\">For investor and media inquiries, please contact:<\/p>\n<p align=\"justify\">Li Auto Inc.<br \/>Investor Relations<br \/>Email: ir@lixiang.com<\/p>\n<p align=\"justify\">The Piacente Group, Inc.<br \/>Yang Song<br \/>Tel: +86-10-6508-0677<br \/>Email: Li@tpg-ir.com<\/p>\n<p align=\"justify\">Brandi Piacente<br \/>Tel: +1-212-481-2050<br \/>Email: Li@tpg-ir.com<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4MjU2MSM0MDQzNTE2IzIxOTk5Mjg=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/ad0cee27-50bc-422e-b85a-c7ed886df15b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, China, March 02, 2021 (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI), an innovator in China\u2019s new energy vehicle market, today announced that the Company delivered 2,300 Li ONEs in February 2021, representing a 755.0% year-over-year increase, which took cumulative Li ONE deliveries to 41,276. \u201cOur February deliveries were affected by seasonal factors related to the Chinese New Year holiday, as well as the localized COVID-19 outbreaks in northern China,\u201d said Yanan Shen, co-founder and president of Li Auto. \u201cWith the continuous expansion of our direct sales and servicing network, and the effective control of the pandemic in China, we are confident of our growth momentum going forward.\u201d As of February 28, 2021, the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-february-2021-delivery-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Li Auto Inc. February 2021 Delivery Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-447850","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Li Auto Inc. February 2021 Delivery Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-february-2021-delivery-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Li Auto Inc. February 2021 Delivery Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, China, March 02, 2021 (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI), an innovator in China\u2019s new energy vehicle market, today announced that the Company delivered 2,300 Li ONEs in February 2021, representing a 755.0% year-over-year increase, which took cumulative Li ONE deliveries to 41,276. \u201cOur February deliveries were affected by seasonal factors related to the Chinese New Year holiday, as well as the localized COVID-19 outbreaks in northern China,\u201d said Yanan Shen, co-founder and president of Li Auto. \u201cWith the continuous expansion of our direct sales and servicing network, and the effective control of the pandemic in China, we are confident of our growth momentum going forward.\u201d As of February 28, 2021, the &hellip; Continue reading &quot;Li Auto Inc. 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