Summary by Futu AI
On September 1, 2024, Li Auto Inc. announced that it delivered 48,122 new vehicles in August 2024, a year-on-year increase of 37.8%. From January to August 2024, a total of 288,103 vehicles were delivered. Chairman and CEO Li Xiang stated that the Li ONE model has been favored by young users, with deliveries exceeding 20,000 vehicles for three consecutive months. In July, the market share reached 18%, surpassing Tesla to become the best-selling new energy vehicle brand. Li Auto Inc. has improved its product power through OTA upgrades and launched a new autonomous driving technology framework to enhance intelligent driving capability and product safety. As of the end of August, Li Auto Inc. has 481 retail centers and 423 after-sales service centers nationwide, with 748 supercharging stations in operation. Li Auto Inc. has been in mass production since November 2019, currently offering multiple models, and will continue to expand its product line.