Li Auto Inc. April 2025 Delivery Update

Rhea-AI Summary

Li Auto delivered 33,939 vehicles in April 2025, marking a 31.6% year-over-year increase. The company's total deliveries have reached 1,260,675 units. Li Auto maintains its position as sales champion for SUVs priced above RMB200,000 for three consecutive quarters.

At Auto Shanghai 2025, the company launched three new models: Li MEGA Home, Li MEGA Ultra, and Li L6. The Li MEGA Home, featuring innovative rotatable zero-gravity second-row seats and a "living room" mode, has captured over 90% of all Li MEGA model orders.

Li Auto's retail presence includes:

• 500 retail stores across 151 cities
• 500 servicing centers and authorized body shops in 223 cities
• 2,267 super charging stations with 12,340 charging stalls nationwide

Positive

• Delivered 33,939 vehicles in April 2025, up 31.6% year-over-year
• Reached significant milestone of 1.26M cumulative deliveries
• Market leadership maintained in premium SUV segments (RMB200K-500K)
• Strong market reception for Li MEGA Home with 90% of model orders
• Extensive retail presence with 500 stores across 151 cities
• Large charging infrastructure with 2,267 stations and 12,340 charging stalls

Negative

• None.

Insights

Automotive Industry Analyst

Li Auto's 31.6% YoY delivery growth and segment dominance in premium SUVs demonstrate strong execution and market leadership.

Li Auto's 33,939 vehicle deliveries in April represent a 31.6% year-over-year growth, showcasing sustained momentum in China's competitive EV landscape. Reaching 1.26 million cumulative deliveries positions them as a major player in the premium segment.

The company's market positioning is particularly impressive - maintaining leadership as sales champion for SUVs priced above RMB200,000 across multiple premium segments for three consecutive quarters. This dominance spans from RMB200,000-300,000 large SUVs through to RMB400,000-500,000 full-size SUVs, indicating robust brand strength in the high-margin premium market.

Li Auto's product strategy clearly resonates with consumers, especially the new Li MEGA Home with its innovative rotatable zero-gravity second-row seats creating a "living room" configuration. This feature's 90%+ share of Li MEGA orders signals strong consumer validation of their focus on interior space utilization rather than just performance metrics.

The company's retail and service infrastructure continues expanding with 500 retail stores across 151 cities, 500 service centers, and 2,267 super charging stations equipped with 12,340 charging stalls. This ecosystem approach addresses key adoption barriers for potential EV buyers.

With an upcoming dedicated launch event for new Li L series models in May 2025, Li Auto demonstrates continued product momentum following their Auto Shanghai 2025 debuts.

BEIJING, China, April 30, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 33,939 vehicles in April 2025, representing a year-over-year increase of 31.6%. As of April 30, 2025, Li Auto’s cumulative deliveries reached 1,260,675.

Li Auto has remained the sales champion for SUVs priced above RMB200,000 over the past three consecutive quarters, maintaining the highest market share in both the RMB200,000 to RMB300,000 and RMB300,000 to RMB400,000 large SUV markets as well as the RMB400,000 to RMB500,000 full-size SUV market. This achievement was driven by the segment-leading sales performance of its Li L series models.

Li Auto officially launched Li MEGA Home, the new Li MEGA Ultra, and the new Li L6 at Auto Shanghai 2025. Li MEGA Home features rotatable zero-gravity second-row seats that create a “living room” mode, allowing family users to relax, entertain, and dine face-to-face, complemented by a 45-degree entry and exit mode for enhanced accessibility. This trim currently accounts for over 90% of all order intake for Li MEGA models, highlighting strong user endorsement of its innovative spatial experience. Additionally, Li Auto plans to host a dedicated launch event in May 2025 for the new Li L series models, showcasing their comprehensive product strengths.

As of April 30, 2025, the Company had 500 retail stores in 151 cities, 500 servicing centers and Li Auto-authorized body and paint shops operating in 223 cities. The Company also had 2,267 super charging stations in operation equipped with 12,340 charging stalls in China.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Create a Mobile Home, Create Happiness (创造移动的家,创造幸福的家). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. Its current model lineup includes Li MEGA, a high-tech flagship family MPV, Li L9, a six-seat flagship family SUV, Li L8, a six-seat premium family SUV, Li L7, a five-seat flagship family SUV, and Li L6, a five-seat premium family SUV. The Company will continue to expand its product lineup to target a broader user base.

For more information, please visit: https://ir.lixiang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “HKEX”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles and high-power charging battery electric vehicles; Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: ir@lixiang.com

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: Li@christensencomms.com

FAQ

How many vehicles did Li Auto (LI) deliver in April 2025?

Li Auto delivered 33,939 vehicles in April 2025, achieving a 31.6% year-over-year increase.

What is Li Auto's total cumulative delivery count as of April 2025?

Li Auto's cumulative deliveries reached 1,260,675 vehicles as of April 30, 2025.

What new models did Li Auto launch at Auto Shanghai 2025?

Li Auto launched three new models at Auto Shanghai 2025: Li MEGA Home, Li MEGA Ultra, and the new Li L6.

How many retail stores and charging stations does Li Auto have in China?

Li Auto operates 500 retail stores across 151 cities and 2,267 super charging stations with 12,340 charging stalls in China.

What is special about Li Auto's new MEGA Home model?

Li MEGA Home features rotatable zero-gravity second-row seats creating a 'living room' mode for face-to-face interaction, plus a 45-degree entry/exit mode. It accounts for over 90% of Li MEGA model orders.

Which SUV price segments does Li Auto lead in China?

Li Auto leads in SUV sales for segments priced RMB200,000-300,000, RMB300,000-400,000, and RMB400,000-500,000, maintaining the highest market share in these categories.