That's up 128 percent from 5,379 units a year ago, but down 13 percent from 14,087 units in December.

(Graphic by CnEVPost)

delivered 12,268 vehicles in January, the third consecutive month with more than 10,000 units, according to figures released today by the company.

That's up 128 percent from 5,379 units a year ago, but down 13 percent from 14,087 units in December.

Li Auto currently has only one model on sale, the Li ONE, with cumulative deliveries of 136,356 units since launch.

Li ONE has delivered more than 10,000 units for three consecutive months, setting a new delivery record for a Chinese branded luxury model with a starting price over RMB 300,000, said Shen Yannan, co-founder and president of Li Auto.

"So far, more than 70,000 users have enjoyed a safer and easier driving experience enabled by our full-stack self-developed NOA," Shen said, adding that the company will continue to invest in research and development in 2022.

As of January 31, 2022, Li Auto has 220 retail centers in China, covering 105 cities, and 276 after-sales repair centers and authorized sheet metal spray centers, covering 204 cities, the company said.

Earlier today, Li Auto's local counterpart Nio released figures showing it delivered 9,652 vehicles in January, up 33.6 percent from 7,225 units a year earlier and down 8 percent from 10,489 units in December.

Vehicle deliveries may also be delayed by a slowdown in logistics in the week leading up to the Chinese New Year holiday on January 31, which is the peak travel period for the Chinese population.

CITIC Securities expects mainland investors to be able to buy XPeng HK shares in Feb and Li Auto in March