EX-99.1 2 tm2134306d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

Li Auto Inc. November 2021 Delivery Update

 

BEIJING, China, December 1, 2021 — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced that the Company delivered 13,485 Li ONEs in November 2021, representing a 190.2% year-over-year increase. Total deliveries for the eleven months ended November 30, 2021 reached 76,404, taking cumulative deliveries to 110,001.

 

“We set a new monthly record with over 13,000 deliveries of Li ONEs in November, making Li ONE the first domestic branded premium model priced above RMB300,000 in China to achieve the 10,000 monthly deliveries milestone. We are excited to see Li ONE emerge as one of the best choices for large SUV users and families in China. This impressive result reflects widespread user endorsement of our outstanding product features and performance, and we deeply appreciate our users’ recognition. Looking ahead, we will continue to create products and services that can delight our users and make ourselves proud,” said Yanan Shen, co-founder and president of Li Auto.

 

As of November 30, 2021, the Company had 174 retail stores in 93 cities, as well as 236 servicing centers and Li Auto-authorized body and paint shops operating in 171 cities.

 

About Li Auto Inc.

 

Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and advanced smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and released the 2021 Li ONE in May 2021. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company will expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.

 

For more information, please visit: http://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,” “likely to, 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 Autos 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 Autos strategies, future business development, and financial condition and results of operations; Li Autos limited operating history; risks associated with extended-range electric vehicles, Li Autos ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Autos ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Autos ability to compete successfully; Li Autos ability to build its brand and withstand negative publicity; cancellation of orders for Li Autos vehicles; Li Autos 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 Autos filings with the SEC and the HKEX. All information provided in this announcement is as of the date of this announcement, 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

 

The Piacente Group, Inc.

Yang Song

Tel: +86-10-6508-0677

Email: Li@tpg-ir.com

 

Brandi Piacente

Tel: +1-212-481-2050

Email: Li@tpg-ir.com