Li Auto, a leading electric vehicle manufacturer, experienced a significant decrease in deliveries in January compared to the previous month. The company delivered 29,927 vehicles during the month, marking a 48.85 percent decline from December and a 3.97 percent decrease year-on-year.
In the Chinese auto market, January typically represents a low point for deliveries, while the end of the year tends to be a high point for sales. This seasonal trend is common in the industry and is reflected in Li Auto’s recent performance.
One notable achievement for Li Auto in January was the milestone reached by its Li L6 model, which surpassed the 200,000 unit delivery mark. The Li L6, an extended-range electric vehicle (EREV), was introduced in April 2024 with a starting price of RMB 249,800 ($34,450). The model has been well-received since its launch, with deliveries starting in April last year.
In addition to the Li L6, Li Auto offers a range of other models, including the Li L7, Li L8, and Li L9 EREV SUVs, as well as the Li Mega all-electric MPV. The company’s diverse product lineup caters to different segments of the market and has contributed to its overall success.
As of January 31, Li Auto has delivered a total of 1,163,799 units, highlighting its strong presence in the electric vehicle market. The company operates a wide network of retail stores, service centers, and charging stations across 150 cities in China, providing customers with convenient access to its products and services.
Looking ahead, Li Auto continues to expand its global footprint, recently opening its first overseas R&D center in Germany. This strategic move underscores the company’s commitment to innovation and technological advancement in the electric vehicle industry.
Overall, Li Auto’s performance in January reflects the seasonal fluctuations in the Chinese auto market, and the company remains well-positioned for future growth and success in the evolving electric vehicle landscape.
