BEIJING, China, June 01, 2025 — Li Auto Inc. (referred to as “Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leading player in China’s new energy vehicle sector, announced its May 2025 delivery figures, totaling 40,856 vehicles. This represents a 16.7% increase compared to the same period last year. As of May 31, 2025, Li Auto’s cumulative deliveries have reached 1,301,531 vehicles.

Over the past month, Li Auto has comprehensively updated its entire model range to new versions. Deliveries of the Li MEGA Home commenced in late May, with production rapidly increasing due to unexpectedly high order volumes. The updated Li L series boasts significantly enhanced product features, with each improvement specifically addressing user needs and optimizing for frequently used scenarios. The Li L9 incorporates a dual-chamber air suspension and a dual-valve CDC flagship suspension system, providing a superior balance of spacious interior comfort and stable handling. Simultaneously, the Li L8 and Li L7 models now come standard with dual-chamber Magic Carpet air suspension, substantially improving their sporting performance and making them stand out in the RMB300,000 to RMB400,000 price category. All models are equipped with all-weather LiDAR as standard, offering industry-leading automatic emergency braking (AEB) and automatic emergency steering (AES) active safety features.

In late May, Li Auto initiated the rollout of OTA update version 7.4, which includes new animated avatars and enhanced intelligence for the smart assistant, Li Xiang Tong Xue. Furthermore, the Company anticipates completing the deployment of its 2,500th super charging station in June, paving the way for the planned launch of its first battery electric SUV, the Li i8, in July.

As of May 31, 2025, the Company operated 506 retail stores across 152 cities, along with 502 servicing centers and Li Auto-authorized body and paint shops in 222 cities. The Company also had 2,414 super charging stations in operation, equipped with 13,195 charging stalls throughout China.

About Li Auto Inc.

Li Auto Inc. is at the forefront of China’s new energy vehicle market. The company specializes in the design, development, manufacture, and sale of premium smart electric vehicles. Its mission is: “Create a Mobile Home, Create Happiness (创造移动的家,创造幸福的家).” Through innovation in product, technology, and business model, Li Auto delivers safe, convenient, and comfortable products and services to families. Li Auto is a pioneer in the successful commercialization of extended-range electric vehicles in China. While continuing to advance this technology, it is also developing platforms for battery electric vehicles. The company focuses its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions to create value for users. Volume production began in November 2019. The current model lineup includes the Li MEGA, a high-tech flagship family MPV; the Li L9, a six-seat flagship family SUV; the Li L8, a six-seat premium family SUV; the Li L7, a five-seat flagship family SUV; and the Li L6, a five-seat premium family SUV. Li Auto plans to expand its product offerings to reach a wider customer base.

For more information, please visit: https://ir.lixiang.com.

Safe Harbor Statement

This press release contains “forward-looking” statements as defined by the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identifiable by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar expressions. Li Auto may also issue forward-looking statements in its reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “HKEX”), its annual report to shareholders, press releases, written materials, and oral statements to third parties by its officers, directors, or employees. Statements that do not relate to historical facts, including those about Li Auto’s beliefs, plans, and expectations, are forward-looking statements involving risks and uncertainties. Various factors could cause actual results to differ materially from those in these statements, including, but not limited to: Li Auto’s strategies, business development, financial condition, and operating results; its limited operating history; risks related to extended-range electric vehicles and high-power charging battery electric vehicles; its ability to develop, manufacture, and deliver high-quality vehicles that appeal to customers; its ability to generate positive cash flow and profits; product defects or vehicle performance failures; its ability to compete effectively; its ability to build its brand and manage negative publicity; order cancellations; its ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or policies. Further information on these and other risks can be found in Li Auto’s filings with the SEC and the HKEX. All information in this release is current as of its date, and Li Auto does not undertake to update any forward-looking statement, except as required by law.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: ir@lixiang.com

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: Li@christensencomms.com