{"id":744459,"date":"2023-03-31T22:03:56","date_gmt":"2023-04-01T02:03:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-march-2023-delivery-update\/"},"modified":"2023-03-31T22:03:56","modified_gmt":"2023-04-01T02:03:56","slug":"li-auto-inc-march-2023-delivery-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-march-2023-delivery-update\/","title":{"rendered":"Li Auto Inc. March 2023 Delivery Update"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">BEIJING, China, April  01, 2023  (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI; HKEX: 2015), a leader in China\u2019s new energy vehicle market, today announced that the Company delivered 20,823   vehicles in March 2023, surpassing the 20,000 monthly delivery mark again and representing an increase of  88.7% year over year. This took the Company\u2019s first quarter deliveries to  52,584, up  65.8% year over year. The cumulative deliveries of Li Auto vehicles reached\u00a0309,918   as of the end of March.<\/p>\n<p>\u201cWe have commenced deliveries of Li L7, our five-seat flagship family SUV, and are pleased to hear from its first users that their satisfaction with the vehicle has exceeded their expectation. As of the end of March, we delivered over 300,000 vehicles cumulatively, the fastest among China\u2019s premium NEV manufacturers to achieve this milestone,\u201d commented Xiang Li, chairman and chief executive officer of Li Auto. \u201cWe are also very excited to see that Li Auto has captured nearly 20% market share in the RMB300,000 to RMB500,000 SUV market in China, and become a brand of choice among premium family SUVs, demonstrating our product strengths and users\u2019 widespread recognition. Finally, we will begin to deliver Li L7 Air and Li L8 Air in April.\u201d<\/p>\n<p align=\"justify\">As of March 31, 2023, the Company had\u00a0299  retail stores in\u00a0123  cities, as well as\u00a0318  servicing centers and Li Auto-authorized body and paint shops operating in\u00a0223  cities.<\/p>\n<p align=\"justify\">\n        <strong>About Li Auto Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Li Auto Inc. is a leader in China\u2019s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Create a Mobile Home, Create Happiness (\u521b\u9020\u79fb\u52a8\u7684\u5bb6, \u521b\u9020\u5e78\u798f\u7684\u5bb6). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. The Company started volume production in November 2019. Its model lineup includes Li L9, a six-seat flagship family SUV, Li L8 and Li ONE, both of which are six-seat premium family SUVs, and Li L7, a five-seat flagship family SUV. 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 while expanding its product line by developing new BEVs and EREVs to target a broader user base.<\/p>\n<p align=\"justify\">For more information, please visit: <em>https:\/\/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) and The Stock Exchange of Hong Kong Limited (the \u201cHKEX\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 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.<\/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>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgwMDA1NSM1NTAwNDc0IzIxOTk5Mjg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGIxZWVlNmUtOGY1OS00OTU2LTkxNGUtM2VkODBhNDI4YzEwLTEyMTE0ODE=\/tiny\/Li-Auto-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, China, April 01, 2023 (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI; HKEX: 2015), a leader in China\u2019s new energy vehicle market, today announced that the Company delivered 20,823 vehicles in March 2023, surpassing the 20,000 monthly delivery mark again and representing an increase of 88.7% year over year. This took the Company\u2019s first quarter deliveries to 52,584, up 65.8% year over year. The cumulative deliveries of Li Auto vehicles reached\u00a0309,918 as of the end of March. \u201cWe have commenced deliveries of Li L7, our five-seat flagship family SUV, and are pleased to hear from its first users that their satisfaction with the vehicle has exceeded their expectation. As of the end of March, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/li-auto-inc-march-2023-delivery-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Li Auto Inc. March 2023 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-744459","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. March 2023 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-march-2023-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. March 2023 Delivery Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, China, April 01, 2023 (GLOBE NEWSWIRE) &#8212; Li Auto Inc. (\u201cLi Auto\u201d or the \u201cCompany\u201d) (Nasdaq: LI; HKEX: 2015), a leader in China\u2019s new energy vehicle market, today announced that the Company delivered 20,823 vehicles in March 2023, surpassing the 20,000 monthly delivery mark again and representing an increase of 88.7% year over year. This took the Company\u2019s first quarter deliveries to 52,584, up 65.8% year over year. The cumulative deliveries of Li Auto vehicles reached\u00a0309,918 as of the end of March. \u201cWe have commenced deliveries of Li L7, our five-seat flagship family SUV, and are pleased to hear from its first users that their satisfaction with the vehicle has exceeded their expectation. As of the end of March, &hellip; Continue reading &quot;Li Auto Inc. 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