Li Auto delivers 20,823 vehicles in March, 52,584 in Q1
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- Li Auto (NASDAQ:LI) delivered 20,823 vehicles in March 2023, up 88.7% Y/Y and 25% M/M, bringing first quarter deliveries to 52,584, up 65.8% Y/Y.
- The cumulative deliveries of Li Auto vehicles reached 309,918 as of the end of March.
- “We are also very excited to see that Li Auto has captured nearly 20% market share in the RMB300,000 to RMB500,000 SUV market in China, and become a brand of choice among premium family SUVs, demonstrating our product strengths and users’ widespread recognition. Finally, we will begin to deliver Li L7 Air and Li L8 Air in April,” commented Xiang Li, chairman and chief executive officer of Li Auto.
- As of March 31, 2023, the Company had 299 retail stores in 123 cities, as well as 318 servicing centers and Li Auto-authorized body and paint shops operating in 223 cities.
- Source: Press Release