HomeMarket NewsLi Auto Reports Record-Breaking Vehicle Deliveries, Sets New Monthly High in September

Li Auto Reports Record-Breaking Vehicle Deliveries, Sets New Monthly High in September

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Li Auto electric car store. Chinese electric vehicle manufacturer

Robert Way/iStock Editorial via Getty Images

Li Auto (NASDAQ:LI) achieved a significant milestone in September 2023, delivering a record-breaking 36,060 vehicles. This marked a remarkable 212.7% year-over-year increase and set a new monthly high for the company.

Furthermore, Li Auto’s vehicle deliveries for Q3 of 2023 reached an impressive 105,108 units, reflecting a staggering 296.3% year-over-year growth.

The cumulative deliveries for the year 2023 totaled 244,225 by the end of September.

Continued Growth in Monthly Deliveries

Li Auto’s monthly deliveries have consistently shown an upward trend:

saupload LI 1

β€œDriven by the ever-increasing market demand, we made numerous historic breakthroughs in September, achieving record-high weekly and monthly sales performance as well as a new high in order intake with over 40,000 orders received in a single month. Meanwhile, monthly deliveries for each of our three Li L series models exceeded 10,000 vehicles for the second consecutive month,” commented Xiang Li, Chairman and CEO of Li Auto.

The company currently operates 361 retail stores in 131 cities, with 318 servicing centers and Li Auto-authorized body and paint shops operating in 213 cities as of September 30, 2023.

Key Takeaways

  • Li Auto reported a record-breaking monthly delivery of 36,060 vehicles in September 2023.
  • The company’s vehicle deliveries for Q3 reached 105,108 units, reflecting an impressive year-over-year growth of 296.3%.
  • With a cumulative total of 244,225 deliveries in 2023, Li Auto continues to show strong performance in the electric vehicle market.
  • Li Auto’s monthly deliveries have consistently exceeded 10,000 vehicles for each of their three Li L series models.
  • The company operates 361 retail stores and has a widespread presence with servicing centers and authorized body and paint shops in multiple cities.

Li Auto’s record-breaking vehicle deliveries in September 2023 demonstrate the company’s continued growth and success in the electric vehicle market. With a significant increase in year-over-year deliveries and outstanding performance in Q3, Li Auto is positioned as a key player in the industry. Through its expanding retail network and strong customer demand, Li Auto is well-positioned for future growth and success.

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