On July 1, Li Auto absolved its supply week for June 2023, reaching an important milestone within the corporate’s historical past. In June, Li Auto delivered 32,575 brandnew automobiles, surpassing 30,000 gadgets in per thirty days deliveries for the primary occasion. This noteceable determine represents a impressive year-on-year build up of 150.1%.
Having a look on the first part of 2023, Li Auto’s cumulative supply quantity reached 139,113 automobiles, appearing a considerable year-on-year enlargement of 130%. To place this into standpoint, Li Auto’s supply quantity in 2022 used to be 133,246 automobiles, that means the corporate has already exceeded ultimate 12 months’s overall deliveries in simply six months.
What units Li Auto excluding maximum electrical car (EV) and interior combustion engine (ICE) automotive corporations is that each one 3 of its tide fashions, specifically the Li L7, Li L8, and Li L9, are extended-range electrical car (EREV) fashions, and all are SUVs.
Moreover, the typical transaction worth of Li Auto’s merchandise exceeds 350,000 yuan (48,00 USD). When put next, Tesla‘s average transaction price in the Chinese market is around 260,000 yuan (36,000 USD), while BYD‘s is about 170,000 yuan (23,000 USD). Li Auto’s moderate promoting worth is analogous to that of Audi. A few of the manufacturers with a mean worth exceeding 300,000 yuan (41,000 USD) within the Chinese language marketplace, Li Auto ranks fourth in gross sales, following BMW, Audi, and Mercedes-Benz.
At the night time of June 30, Li Xiang, chairman and CEO of Li Auto, expressed his gratitude for the corporate’s achievements, pointing out, “Thanks to the comprehensive improvement of organizational processes and operating capabilities, the monthly delivery volume of Li Auto exceeded 30,000 for the first time, joining the ranks of Mercedes-Benz, BMW, Audi, and Tesla. Li Auto is the only Chinese luxury brand with monthly deliveries surpassing 30,000 vehicles.”
Li Xiang additional shared the corporate’s objectives for the generation, revealing, “In the third quarter, we aim to deliver more than 10,000 vehicles per month for the Li L8 and Li L9 models. The Li L7 will strive to achieve a monthly delivery target of 15,000 vehicles, aiming to reach 40,000 monthly deliveries in the fourth quarter of this year. Additionally, through AI large-scale model technology, we conducted the first urban NOA test drive in China in June without relying on high-precision maps. We plan to deliver the commuting NOA function to users in the second half of the year. Furthermore, our first 5C pure electric super flagship model, the Li Mega, is set to be released in the fourth quarter. We are confident this vehicle will become a new explosive product, with sales exceeding 500,000 units.”
In keeping with the reliable announcement, as of June 30, 2023, Li Auto boasts an intensive retail community, with 331 retail facilities throughout China, masking 127 towns. Moreover, the corporate has 323 after-sales restore facilities and licensed frame spill facilities, serving shoppers in 223 towns.
Supply: iTHome; CNMO
