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Li Auto Surpasses Rivals with Record September Deliveries Edging Towards One Million Mark

Word on the StreetMonday, Sep 30, 2024 11:00 pm ET
1min read

Li Auto has achieved a significant milestone by delivering 53,709 vehicles in September 2024, marking the highest monthly delivery figure in its history. This represents a remarkable year-on-year growth of 48.9%. Additionally, the company's performance in the third quarter has been robust, with a total of 152,831 vehicles delivered, showcasing a 45.4% increase compared to the same period last year.

By the end of September 2024, Li Auto has delivered a total of 341,812 vehicles this year and boasts an impressive cumulative delivery count of 975,176 vehicles. The company is on the cusp of reaching the significant milestone of one million vehicles delivered, setting a benchmark in the emerging automotive sector.

The burgeoning demand for Li Auto’s L series and MEGA models has fueled its success, with the September deliveries even surpassing premium brands such as Mercedes, BMW, and Audi on a weekly basis. This surge in demand underscores the growing market concentration in the electric vehicle segment, where Li Auto's market share exceeds 17%, making it the leading Chinese automotive brand.

Li Auto's extensive network includes 479 retail centers across 145 cities nationwide, alongside 436 after-sales and authorized repair centers in 221 cities. The company has also established 894 supercharging stations, featuring 4,286 charging piles, to support its growing customer base.

As Li Auto approaches its one-millionth vehicle delivery, this milestone signifies more than just sales figures; it symbolizes the advancement of intelligent and autonomous driving technologies. The company remains committed to enhancing customer experiences through continuous innovation and investment in smart driving solutions.

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