- Li Auto's L-series EREVs continued to see over 50 percent year-on-year declines, while newly launched Li i6 and Li i8 saw sequential increases in deliveries.
- Deliveries of the recall-affected Li Mega further declined to 680 units in November, down 64.27 percent from October.
Li Auto (NASDAQ: LI) saw a similar delivery structure in November compared to October, with its L-series extended-range electric vehicles (EREVs) experiencing further significant declines, while the newly launched i-series pure electric SUVs (sport utility vehicles) saw month-over-month growth.
The Li L6 delivered 9,434 units in November, remaining Li Auto's best-selling model, according to data compiled by CnEVPost from the China Passenger Car Association (CPCA).
Monthly deliveries of the SUV fell 61.21 percent year-on-year, marking the sixth consecutive month of year-on-year decline, while decreasing 2.54 percent month-on-month.
The Li L6, Li Auto's most affordable model starting at RMB 249,800 ($35,330), accounted for 28.43 percent of Li Auto's November deliveries of 33,181 units.
From January to November, the Li L6 delivered 153,840 units, contributing 42.49 percent of Li Auto's total deliveries of 362,097 during the same period.
The Li L7 delivered 5,212 units in November, down 52.91 percent year-on-year but up 19.90 percent month-on-month. The model accounted for 15.71 percent of Li Auto's November deliveries.
From January to November, the Li L7 delivered 74,557 units, down 38.31 percent year-on-year, contributing 20.59 percent of Li Auto's total deliveries during this period.
The Li L8 delivered 2,130 units in November, down 66.63 percent year-on-year and down 2.43 percent month-on-month. The model accounted for 6.42 percent of Li Auto's monthly deliveries.
From January to November, the Li L8 delivered 40,244 units, down 41.72 percent year-on-year, contributing 11.11 percent of Li Auto's total deliveries during this period.
The Li L9 delivered 2,208 units in November, down 63.87 percent year-on-year while up 3.66 percent month-on-month. The model contributed 6.65 percent of Li Auto's monthly deliveries.
From January to November, the Li L9 delivered 42,482 units, down 45.58 percent year-on-year, contributing 11.73 percent of Li Auto's total deliveries during this period.
Deliveries of the recall-affected Li Mega MPV (multi-purpose vehicle) further declined to 680 units in November, down 21.21 percent year-on-year and down 64.27 percent month-on-month.
The model contributed 2.05 percent to Li Auto's monthly deliveries in November.
From January to November, the Li Mega delivered 17,602 units, accounting for 4.86 percent of Li Auto's cumulative deliveries during that period.
In late October, a Li Mega suddenly caught fire while driving on a Shanghai road. Li Auto subsequently announced a recall of 11,411 units of the MPV model.
The Li i8, Li Auto's first pure-electric SUV, delivered 6,719 units in November, a 16.87 percent increase from October's 5,749 units.
Li Auto launched the Li i8 on July 29, with deliveries commencing on August 20.
The Li i6, launched on September 26, delivered 6,798 units in November, a 17.71 percent increase from October's 5,775 units.
The company aimed for stable monthly deliveries of 6,000 Li i8s and 9,000-10,000 Li i6s by year-end.
($1 = RMB 7.0701)
