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Li Auto Delivers 25,787 Cars in Apr, Down 11% From Mar

CnEVPost ·  May 1 11:06

Li Auto (NASDAQ: LI) saw deliveries slide back down last month, after seeing a rebound in March.

The company delivered 25,787 vehicles in April, up 0.41% year-over-year but down 11.03% from March, according to data it released today.

Below is its statement, as the CnEVPost article is being updated.

Li Auto Inc. ("Li Auto" or the "Company") (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today announced that the Company delivered 25,787 vehicles in April 2024, up 0.4% year over year. The cumulative deliveries of Li Auto vehicles reached 739,551 as of the end of April 2024.

"Li L6, our first model priced under RMB300,000, has garnered widespread popularity among young families following its April debut. We will commence large-scale deliveries in May," commented Xiang Li, chairman and chief executive officer of Li Auto.

"During the May Day holiday period, we will provide Li Auto users with complimentary charging services and cover the electricity costs at all our super charging stations. Also in May, we will roll out OTA version 5.2, significantly enhancing Li AD Pro and Li AD Max systems with more advanced and safer autonomous driving, automated parking, and active safety features, among others.

Additionally, following this upgrade, users will be able to control their vehicles through Siri, enjoying a more convenient and faster voice control experience. With gratitude for the support from nearly 740,000 users, we remain committed to focusing on user value and consistently honing our products and services to create happiness for families."

As of April 30, 2024, the Company had 481 retail stores in 144 cities, as well as 361 servicing centers and Li Auto-authorized body and paint shops operating in 210 cities. 386 super charging stations have commenced operation across the country, equipped with 1,678 charging stalls.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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