Li Auto Inc. Reports Increased Q2 Deliveries Amid Decline

Author: Addison Perry Updated: 07-01-2025 07:01 AM

Li Auto Inc. Q2 Performance Overview

Li Auto Inc. (NASDAQ: LI) has recently shared its vehicle delivery numbers, highlighting a total of 36,279 units delivered in June. This marks a significant decrease of 24.1% compared to the same month last year. However, the company's performance in the second quarter of 2025 revealed a different story.

Quarterly Deliveries Show Promise

For Q2 of 2025, Li Auto achieved a total of 111,074 vehicle deliveries, showcasing a 2.4% increase from the previous year. Cumulatively, since its inception, the company has delivered 1,337,810 vehicles as of June 30, 2025.

Year-over-Year Comparison

Looking at past performance, last June, the company had delivered 47,774 vehicles, reflecting a remarkable 46.7% increase from 2024. This brought its second-quarter totals last year to 108,581 deliveries, a robust increase of 25.5% year-over-year.

Adjustments and Challenges

Recently, Li Auto adjusted its delivery guidance for the second quarter, lowering the forecast from 123,000-128,000 vehicles. The revised estimate settled around 108,000, a decision the company attributed to temporary impacts related to enhancements in its sales systems.

Market Dynamics and Competition

This alteration in projections comes at a critical time as the electric vehicle (EV) sector becomes more competitive. The entry of Xiaomi’s budget-friendly YU7 SUV has intensified competition in the Chinese EV landscape, placing additional pressures on established players like Tesla Inc (NASDAQ: TSLA).

Product Innovations

Despite challenges, Li Auto has experienced success with its recent offerings. The new Li MEGA Home has surpassed sales expectations and has become the top-selling model among multi-purpose vehicles priced above 500,000 Chinese yuan, regardless of the power source.

Future Launches and Expansion

The company is expanding its product line with notable upcoming launches, including the six-seat battery electric family SUV Li i8 in July and the five-seat battery electric family SUV Li i6 in September. This strategic expansion aims to boost its portfolio which currently features four extended-range electric SUVs, a flagship multi-purpose vehicle, and two high-voltage battery electric vehicles.

Retail and Service Infrastructure

As of June 30, 2025, Li Auto has established a formidable retail presence with 530 stores across 151 cities and 511 servicing centers. Additionally, the company has 2,851 supercharging stations in China, totaling an impressive capacity of 15,655 charging stalls.

Stock Performance

In financial markets, LI stock is noted to be trading slightly lower, down by approximately 0.18%, with the latest price hovering around $27.06 during pre-market hours.

Frequently Asked Questions

What were Li Auto's total deliveries in June 2025?

Li Auto delivered 36,279 vehicles in June 2025, marking a 24.1% decrease compared to the previous year.

Did Li Auto's Q2 deliveries increase?

Yes, Li Auto reported a 2.4% year-over-year increase in Q2 deliveries, totaling 111,074 vehicles.

What is the cumulative delivery count for Li Auto?

As of June 30, 2025, Li Auto's cumulative deliveries reached 1,337,810 vehicles.

Has Li Auto adjusted its delivery guidance?

Yes, Li Auto revised its delivery guidance for Q2 from 123,000-128,000 vehicles down to about 108,000.

How is Li Auto addressing competition in the EV market?

The company is launching new models and enhancing its product lineup to counter competition from other manufacturers like Xiaomi and Tesla.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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