Li Auto delivered 40,856 vehicles in May, rose 16.7% y/y.

Li Auto delivered 40,856 vehicles in May, rose 16.7% y/y.

Li Auto Inc. (Nasdaq: LI; HKEX: 2015) reported that it delivered 40,856 vehicles in May 2025, marking a significant 16.7% year-over-year increase. This robust performance is a testament to the company's continued market leadership in the premium new energy vehicle (NEV) segment.

The strong May deliveries come on the heels of Li Auto's first-quarter 2025 financial results, which were announced on May 29, 2025. During the first quarter, the company delivered 92,864 vehicles, representing a 15.5% year-over-year increase [1]. Total revenues for the quarter reached RMB25.9 billion (US$3.6 billion), up 1.1% from the first quarter of 2024, but down 41.4% from the fourth quarter of 2024 [1].

The company's success in May can be attributed to several factors, including the launch of new models such as Li MEGA Home and Li L Series, which have been well-received by the market [1]. Additionally, Li Auto's commitment to innovation, as seen in the rollout of its open-source automotive operating system, Li Halo OS, has further enhanced its appeal to consumers.

Looking ahead, Li Auto's CEO, Mr. Xiang Li, expressed optimism about the company's prospects. He noted that the recent refresh of the product lineup has resulted in a surge of orders for the new Li L series, and he looks forward to the upcoming launch of the Li i8, the company's first battery electric SUV [1]. The company's CFO, Mr. Tie Li, also highlighted the company's ability to navigate dynamic market conditions effectively, maintaining strong profitability while driving business growth through relentless innovation [1].

Despite the positive May performance, it is important to note that the first quarter of 2025 saw a significant decrease in revenues and net income compared to the fourth quarter of 2024. This trend underscores the seasonal nature of auto sales and the need for continuous monitoring and adjustment of business strategies.

References:
[1] https://www.globenewswire.com/news-release/2025/05/29/3090088/0/en/Li-Auto-Inc-Announces-Unaudited-First-Quarter-2025-Financial-Results.html