BEIJING, CHINA, JANUARY 01, 2025 (GLOBE NEWSWIRE) – Lee Automotive Company (Nasdaq:). (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), the market leader in new energy vehicles in China, announced today that it delivered 58,513 vehicles in December 2024, reflecting a 16.2% year-on-year increase. the total (EPA:) Deliveries for all of 2024 reached 500,508 vehicles, bringing the company's total deliveries to 1,133,872.
Li Auto's December delivery marks a new monthly high. With this important achievement, the company has achieved annual deliveries of more than 500,000 cars in just five years since its first delivery, setting the record for the fastest growth among luxury car brands in the Chinese market. The company's intelligent assistant, Li Xiang Tong Xue, is now available for download on mobile devices, extending the benefits of its intelligent capabilities to more users. In January, Li Auto will begin rolling out the OTA update version 7.0, which features the improved highway NOA built on the overall architecture. This update will seamlessly integrate NOA's city and highway capabilities, providing comprehensive functionality across all driving scenarios powered by the company's integrated dual system, which integrates an end-to-end model (E2E) and a vision-language model (VLM). In addition, Li Auto will introduce a first-of-its-kind intelligent thinking visualization function, enabling drivers to understand the intelligent system's decision-making and execution processes, promoting safer and more informed autonomous driving.
As of December 31, 2024, the company had 502 retail stores in 150 cities, 478 service centers, and Li Auto authorized body and paint shops operating in 225 cities. The company also has 1,727 supercharging stations in operation and equipped with 9,100 charging kiosks in China.
About Lee Auto
Li Auto Inc. A leading company in the new energy vehicle market in China. The company designs, develops, manufactures and sells premium smart electric vehicles. Its mission is: to create a mobile home, to create happiness (ˆ›é€ 移Š¨çšå®¶,ˆ›é€ å¹¸ç¦ çšå®¶). Through innovations in products, technology and business model, the company provides families with safe, convenient and convenient products and services. Li Auto is a pioneer in successfully marketing long-range electric vehicles in China. As it advances aggressively on this technological path, it is building platforms for battery-powered electric vehicles in parallel. The company leverages technology to create value for users. Internal development efforts are focused on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The company began mass production in November 2019. Its current model lineup includes Li MEGA, a high-tech family SUV, Li L9, a flagship six-seater family SUV, Li L8, a six-seater luxury family SUV, The Li L7, a flagship five-seat family SUV, and the Li L6, a five-seat luxury 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 terms such as will, expects, expects, goals, future. , intends, plans, believes, estimates, targets, potentials, challenges, and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports filed with the SEC and the Hong Kong Stock Exchange Limited (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 regarding 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, financial condition and results of operations; Li Auto's limited operating history; risks associated with long-range electric vehicles and high-energy battery electric vehicles; Li Auto's ability to develop, manufacture and deliver high quality, attractive vehicles to customers; Li Auto's ability to generate positive cash flow and earnings; product defects or other failure of the 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 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 Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Li Auto undertakes no obligation to update any forward-looking statement, except as required by applicable law.
For investor and media inquiries, please contact:
Lee Automotive Company
Investor relations
Email: ir@lixiang.com
Christensen Consulting
Roger is
Tel: +86-10-5900-1548
Email: Li@christensencomms.com
Source: Lee Auto
