LI AUTO-W delivered 53,709 vehicles in September 2024, setting a new record for monthly deliveries

According to the information from Zhitong Finance APP, on October 1, 2024, LI AUTO-W (02015) announced the delivery data for September 2024. In September 2024, LI AUTO delivered 53,709 new vehicles, a year-on-year increase of 48.9%. In the third quarter of 2024, LI AUTO delivered 152,831 vehicles, a year-on-year increase of 45.4%. As of September 30, 2024, LI AUTO delivered a total of 341,812 vehicles in 2024, with a cumulative delivery volume of 975,176 vehicles. Li Xiang, Chairman and CEO of LI AUTO, said, "As the penetration rate of new energy vehicles gradually exceeds 50%, the brand's leading effect becomes more apparent. Since the third quarter, in the new energy vehicle market above 200,000 RMB, the concentration of the TOP3 brands has reached 50%, with LI AUTO's market share exceeding 17%, ranking first in Chinese automotive brand sales. Orders for the LI L series and LI MEGA have steadily increased, with the delivery volume in September reaching a historical high, surpassing luxury brands Mercedes-Benz, BMW, and Audi for the first time in a single week. In October, we are about to reach the milestone of delivering the 1 millionth new vehicle, marking the first million-vehicle milestone for Chinese new energy vehicle companies. One million vehicles not only represent sales figures, but also signify that with the accumulation of volume, the intelligence of new energy vehicles, especially the development of intelligent driving technology, will enter a new stage. We are pleased to see that LI AUTO's R&D investment is driving technological democratization. Our products are being upgraded via OTA at an average rate of one version per month. The new LI AUTO autonomous driving technology architecture end-to-end + VLM system has started a group test with thousands of people, providing an even safer and more convenient driving experience for more and more users. We thank every user, employee, and partner for their support and efforts over the past nine years. We will focus on user value and continue to create happiness for families."