Li Auto Inc. Delivers Over 48,000 Vehicles in August 2024
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Introduction to Li Auto's August Deliveries
Li Auto Inc. has made headlines in the new energy vehicle sector with impressive growth figures. In its recent report, the company announced a remarkable delivery of 48,122 vehicles in August 2024. This achievement represents an astonishing increase of 37.8% compared to the same month last year. Cumulatively, as of August 31, the total deliveries for 2024 reached 288,103, culminating in an overall tally of 921,467 vehicles delivered since the company's inception.
Market Performance and Popularity of Models
One of the key highlights for Li Auto in recent months has been the performance of its flagship model, the Li L6. The vehicle has become a favorite among younger consumers, achieving delivery figures exceeding 20,000 units for three consecutive months. This surge in popularity has allowed Li Auto to expand its market share significantly. In the competitive landscape of the RMB200,000 and higher new energy vehicle (NEV) market, Li Auto's share rose to 18% as of July, surpassing well-known brands like Tesla and securing its position as the leading NEV brand in China for that period.
Strong Sales Momentum in a Competitive Sector
Li Auto has maintained a strong sales momentum throughout August, affirming its leading status among emerging new energy automotive brands. The company is not resting on its laurels; it continues to roll out Over-the-Air (OTA) updates across all its models aimed at enhancing product strength. This commitment to continuous improvement is leading to higher user satisfaction levels, illustrated by a notable increase in the company's Net Promoter Score (NPS) this year.
Advancements in Autonomous Driving Technology
Innovation remains at the forefront of Li Auto’s strategy, particularly in terms of its autonomous driving capabilities. The company recently demonstrated its innovative full-stack proprietary autonomous driving architecture during user testing sessions. Impressive results showcased the technology's potential to evolve further, with over 50% of test users benefiting from the city Navigation on AutoPilot (NOA) features.
Safety Features and User Commitment
Safety remains a chief concern, and Li Auto is addressing this with robust features. The company has introduced the industry's first fully automatic emergency steering function, designed to provide dual protections in high-stakes scenarios utilizing both Automatic Emergency Braking (AEB) and Automatic Emergency Steering (AES). The company extends its gratitude to the trust placed in it by over 900,000 families. This recognition is vital for Li Auto as it focuses on long-term investments in research and development.
Growing Infrastructure and Retail Presence
As of the end of August 2024, Li Auto boasts an extensive retail network comprising 481 stores across 145 cities. Furthermore, the company operates 423 service centers and Li Auto-authorized body and paint shops in 220 locations. An impressive network of 748 supercharging stations, equipped with 3,506 charging stalls, underlines the company’s commitment to enhancing the electric vehicle ecosystem across the region.
About Li Auto Inc.
Li Auto Inc. is not just a manufacturer of new energy vehicles; it aims to reshape the driving experience through premium smart electric vehicles. With a mission to create a mobile home that fosters happiness, Li Auto is actively pushing boundaries in product design, technology integration, and business model innovation. The company has successfully commercialized extended-range electric vehicles in China and is concurrently advancing platforms for battery electric vehicles. This dual approach showcases Li Auto's dedication to leveraging technology to maximize user value.
Frequently Asked Questions
What was Li Auto's delivery number in August 2024?
Li Auto delivered 48,122 vehicles in August 2024.
How much has Li Auto's delivery increased year over year?
The company's deliveries in August 2024 represent a 37.8% increase compared to the same month last year.
Which model has gained popularity among users?
The Li L6 model has gained significant popularity, exceeding 20,000 deliveries for three consecutive months.
What is Li Auto's share in the higher-end NEV market?
Li Auto's market share in the RMB200,000 and higher NEV sector grew to 18% in July, making it the sales champion among NEV brands in China.
How many retail stores does Li Auto operate?
As of August 31, 2024, Li Auto operated 481 retail stores across 145 cities.
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