GlobeNewswire
Li Auto Inc.December 2020 Delivery Update
BEIJING, China, January 1, 2021 (GLOBE NEWSWIRE) – Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in the Chinese new energy vehicle market, today announced that the company delivered 6,126 Li ONE in December 2020, an increase of 31.9% month over month and 529.6% year over year. The company’s fourth quarter shipments were 14,464, 67.0% higher than the third quarter and 20.5% above the company’s high forecast. It should also be noted that Li ONE’s order count for December was at an all-time high. In addition, Li ONE’s cumulative deliveries exceeded 30,000 as of December 18, 2020. This milestone has been completed in just over 12 months since the start of deliveries on December 4. 2019, setting a new record for the first models of new energy vehicle manufacturers. The company would like to thank all Li ONE users for their continued support and trust in Li Auto. 2020 T12020 T22020 T3 2020 T42020 Deliveries FY2,8966,6048,66014,46432624 As of December 31, 2020, the company had 52 retail stores covering 41 cities and 114 service centers and body and paint shops authorized by Li Auto 83 cities. As interest in Li ONE continues to grow, the company remains committed to the continued expansion of its direct sales and service network and market penetration to support this interest. About Li Auto Inc., Li Auto Inc. is an innovator in the Chinese new energy vehicle market. The company designs, develops, manufactures and sells high-end intelligent electric SUVs. Through innovative products, technology and business model, the company provides its customers with safe, convenient and cost-effective mobility solutions. Li Auto is the first to successfully market extended range electric vehicles in China. The company began volume production of its first model, Li ONE, in November 2019. With Li ONE, the company leverages its in-house technology to create value for its customers, with a focus on extending reach, intelligent technology and autonomous driving solutions. Beyond Li ONE, the company aims to expand its product line by developing new vehicles to target a broader consumer base. For more information, please visit: http://ir.lixiang.com Safe Harbor This press release contains statements that may constitute “forward-looking” statements under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “will”, ” expects ”,“ foresees ”,“ objectives ”,“ future ”,“ intention ”,“ plans ”,“ believes ”,“ estimates ”,“ probable ”and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in statements. orals 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: Li Auto’s strategies, future business development, financial condition and results of ‘exploitation; Li Auto’s limited operating history; the risks associated with extended range electric vehicles, Li Auto’s ability to develop, manufacture and deliver high quality vehicles that are attractive to customers; Li Auto’s ability to generate positive cash flow and profit; product defects or other failure of vehicles to perform as intended; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and resist negative publicity; cancellation of orders for Li Auto 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 documents filed by Li Auto with the SEC. 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 statements, except as required by applicable law. and media, please contact: Li Auto Inc. Investor Relations Email: [email protected] The Piacente Group, Inc. Yang Song Tel: + 86-10-6508-0677 Email: [email protected] Brandi Piacente Tel: + 1-212-481-2050 Email: [email protected]
