Li Auto delivered a record 15,034 vehicles in November, a single-month high, according to figures released today.
Li Auto delivered 15,034 vehicles in November, a single-month high, according to figures released today.
This represents an 11.49 percent increase over the 13,485 vehicles delivered in the same month last year and a 49.56 percent increase over the 10,052 vehicles delivered in October.
From January to November, Li Auto delivered 112,013 vehicles, up 46.61 percent from 76,404 vehicles in the same period last year.
By the end of November, Li Auto's cumulative deliveries since inception were 236,101 units.
"We believe that users' satisfaction for Li L8 has exceeded their expectations since it commenced delivery in early November. Its deliveries and Li L9's proven success have solidified our market position in the RMB 300,000 to RMB 500,000 price segment," said Shen Yanan, co-founder and president of Li Auto.
As of November 30, 2022, Li Auto had 276 retail stores in 119 cities, as well as 317 servicing centers and Li Auto-authorized body and paint shops operating in 226 cities.
Li Auto's delivery performance in November was achieved against the backdrop of some disruption to its supply chain.
On November 26, Li Auto said in an announcement that some vehicles that were to be delivered at the end of November would be delayed until December due to delays in the supply of core components.
The affected vehicles include the Li L9 Max and Li L8 Pro, with the delivery of the former expected to be delayed by one week and the latter by 2-3 weeks, according to the announcement.
Li Auto will provide a fuel subsidy of RMB 1,000 ($140) for the delayed delivery of the Li L9 Max and RMB 2,000 for the delayed delivery of the Li L8 Pro.
Li Auto's delivery specialist will be in contact with affected consumers on November 28, the company said, adding that vehicles scheduled for delivery in December are not affected.
Li Auto currently sells the Li L9 and Li L8, with the former including only the Li L9 Max version and the latter including the Li L8 Pro and Li L8 Max.
The Li L9 was launched on June 21 and is priced at RMB 459,800, the company's second model after the Li ONE extended-range electric vehicle (EREV). The Li ONE has been phased out.
Li Auto made the first delivery of the Li L9 on August 30.
The Li L8 went on sale on September 30, priced from RMB 359,800, with the first delivery on November 10.
(Li L8)
