BEIJING, China, Dec. 1, 2024 – Li Auto Inc. (Nasdaq: LI; HKEX: 2015), a leading Chinese new energy vehicle (NEV) company, reported November 2024 deliveries of 48,740 vehicles, an 18.8% year-over-year increase. Through November 30, 2024, Li Auto delivered 441,995 vehicles in 2024, bringing cumulative deliveries to 1,075,359.

Li Auto held the top spot among Chinese brands in the RMB200,000+ passenger vehicle market for eight consecutive months. The Li L6 achieved over 160,000 cumulative deliveries, maintaining its leading position in the over RMB200,000 segment since June. The company’s advancements in autonomous driving technology, particularly Li AD Max, fueled demand. In November, Li AD Max-equipped vehicles accounted for over 70% of orders in the RMB300,000+ segment and over 80% in the RMB400,000+ segment. The November OTA update 6.5 introduced one-click point-to-point autonomous driving to all Li AD Max users, utilizing end-to-end (E2E) and vision-language model (VLM) technologies.

As of November 30, 2024, Li Auto operated 475 retail stores across 141 cities, 451 service centers and authorized body and paint shops in 223 cities, and 1,135 supercharging stations with 5,680 charging stalls in China.

About Li Auto Inc.

Li Auto Inc. is a leading Chinese NEV company that designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is to create mobile homes and happiness. Through innovation, it provides families with safe, convenient, and comfortable products and services. A pioneer in extended-range electric vehicles (EREVs) in China, Li Auto also develops battery electric vehicle (BEV) platforms. The company focuses on proprietary range extension systems, innovative EV technologies, and smart vehicle solutions, commencing volume production in November 2019. Its current lineup includes the Li MEGA, Li L9, Li L8, Li L7, and Li L6 models, with plans to expand its product portfolio.

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

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identified by words such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” and similar expressions. These statements are subject to risks and uncertainties. Actual results could differ materially due to factors including Li Auto’s strategies, business development, financial condition; its limited operating history; risks associated with EREVs and BEVs; its ability to develop, manufacture, and deliver high-quality vehicles; its ability to generate positive cash flow and profits; product defects; competitive pressures; brand building; order cancellations; new vehicle development; and changes in consumer demand and government policies. Further information on these risks is in Li Auto’s filings with the SEC and HKEX. All information is current as of the date of this release; Li Auto does not undertake any obligation to update forward-looking statements, 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