- Li Auto delivered 29,927 vehicles in January, down 48.85 percent from December and down 3.97 percent year-on-year.
- In China's auto market, the beginning of the year is usually the low point for deliveries, while the end of the year is usually the high point.
Li Auto (NASDAQ: LI) saw deliveries almost halve in January from the previous month, as China's auto market enters a seasonal slow period.
The company delivered 29,927 vehicles in January, down 48.85 percent from 58,513 in December and down 3.97 percent from 31,165 in the same month last year, according to data it released today.
In China's auto market, the beginning of the year is usually the low point for deliveries, while the end of the year is usually the high point.
Li L6 surpassed the cumulative delivery milestone of 200,000 units in January, Li Auto said today.
Li Auto launched the Li L6 on April 18, 2024, with a starting price of RMB 249,800 ($34,450). Deliveries of the extended-range electric vehicle (EREV) model began on April 24 last year.
Li Auto's other models include the more expensive EREV SUVs -- Li L7, Li L8, Li L9 -- and the Li Mega all-electric MPV (multi-purpose vehicle).
As of January 31, Li Auto had accumulated deliveries of 1,163,799 units.
The company currently has 500 retail stores in 150 cities, 486 service centers and Li Auto authorized body and paint stores in 225 cities.
Li Auto also operates 1,845 supercharging stations with 9,820 charging piles in China.
($1 = RMB 7.2514)
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