On May 1st, 2023, the delivery data for April was announced by Li Auto: a total of 25,681 new cars were delivered, a year-on-year increase of 516.3\%, setting a new record for monthly deliveries. Among them, the monthly delivery of Li Auto L7 exceeded 10,000. As of April 30th, 2023, the cumulative delivery volume of Li Auto has reached 335,599 vehicles.
In the first complete delivery month, Li Auto L7 achieved a delivery volume of over 10,000. At the same time, Li Auto L7 also became the first Chinese brand five-seater SUV with a starting price of over 300,000 yuan to achieve a monthly delivery volume of over 10,000. In addition, Li Auto has also achieved a leading market share in the NEV market above 300,000 yuan and the SUV market above 300,000 yuan (including fuel models) in the first quarter of 2023.
Regarding this delivery data, Li Auto’s Chairman and CEO, Li Xiang, made relevant introductions to the company’s future strategy and product planning:
At the company strategy level, Li Auto announced the “Dual-power Strategy” at the Shanghai Auto Show, which will comprehensively promote “intelligence” and “electricity”. In terms of “intelligence”, Li Auto AD Max 3.0’s City NOA navigation-assisted driving will start its internal testing user push in the second quarter and complete the landing push in 100 cities before the end of the year. In terms of “electricity”, Li Auto has launched an 800V ultra-fast charging pure electric solution, officially entering a new stage of “extended-range electric” and “high-voltage pure electric” simultaneously.
In terms of product planning, by 2025, Li Auto will form a product layout of “1 super flagship model + 5 extended-range electric vehicle models + 5 high-voltage pure electric vehicle models”, targeting the market above 200,000 yuan, fully meeting the needs of family users.
As of April 30th, 2023, Li Auto has 302 retail centers covering 123 cities nationwide; 318 after-sales repair centers and authorized body paint centers covering 222 cities.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.