As of today, Li Auto‘s cumulative deliveries so far this month stand at 34,501 units.
(Image credit: Li Auto)
Li Auto (NASDAQ: LI) saw its 500,000th vehicle delivery, after the company announced its 500,000th vehicle rolled off the assembly line just two days ago.
Li Auto delivered its 500,000th vehicle at a delivery center in Beijing’s Shunyi district on September 27, the company announced today on Weibo.
Li Auto delivered a record 34,914 vehicles in August, bringing cumulative deliveries since inception to 465,499, data monitored by CnEVPost show.
This means that as of today, Li Auto’s cumulative deliveries so far this month stand at 34,501 vehicles.
For comparison, Li Auto’s local counterpart Nio (NYSE: NIO) had cumulative deliveries of 383,908 units and Xpeng 324,843 units as of the end of August, data monitored by CnEVPost show.
Li Auto currently sells the five-seat Li L7, as well as the six-seat Li L8 and Li L9, which are all extended-range electric vehicles (EREVs), essentially plug-in hybrids, while Nio and Xpeng currently sell models that are all battery electric vehicles (BEVs).
Li Auto’s 500,000th vehicle delivered was a Li L7, and the milestone comes 46 months after the company delivered its first vehicle at the end of 2019, it said today.
Li Auto’s first production vehicle was the Li One, also an EREV, a model that was discontinued last year.
Cumulative deliveries of the Li One exceeded 210,000 units, and cumulative deliveries of the Li L9 have exceeded 100,000 units, Li Auto said on September 25.
The Li L9 was released on June 21, 2022, and is the first model in the company’s L-series. The Li L8 and Li L7 were released on September 30, 2022 and February 8, 2023, respectively.
Looking ahead to the fourth quarter, Li Auto will challenge the 40,000-unit monthly delivery target with its L-series models, the company said on Monday.
Li Auto’s vehicles are currently built at its plant in Changzhou, Jiangsu province, and its first BEV model, the Li Mega, will be built at a new plant in Beijing.
The Li Mega will be officially launched in December, show cars will be available in stores next January and deliveries will begin in February, Li Auto announced on the first day of Chengdu auto show on August 25.
Li Auto begins offering $1,370 insurance subsidy to maintain sales momentum
