Li Auto Inc. March 2022 Delivery Update | 2022-04-01 | Press Releases

BEIJING, China, April 01, 2022 (World NEWSWIRE) — Li Vehicle Inc. (“Li Automobile&CloseCurlyDoubleQuote or the “Company&CloseCurlyDoubleQuote) (Nasdaq: LI HKEX: 2015), an innovator in China&CloseCurlyQuotes new electricity auto market place, today announced that the Company delivered 11,034 Li Kinds in March 2022, up 125.2% calendar year over 12 months. This took the Organization&CloseCurlyQuotes very first quarter deliveries to 31,716, representing a 152.1% 12 months-around-12 months improve. The cumulative deliveries of Li One arrived at 155,804 because the car or truck&CloseCurlyQuotes market debut in 2019.

“We will unveil our world-class flagship sensible SUV L9 for loved ones users on April 16. The L9 capabilities our completely self-designed selection extension process, chassis command system, and central automobile area controller, empowering its remarkable dynamic effectiveness and drivability. Moreover, the L9 gives lavish seats, a large-overall performance audio program, and an all-new 3-dimensional interactive environment, offering our end users with an field-foremost smart interactive experience. By adopting highly developed autonomous driving sensors and a computing platform in its regular configuration, each generally located in vehicles priced over a million Renminbi, the L9 is able of all-situation Navigation on ADAS (NOA), developing a safer, a lot more hassle-free and much more relaxed experience for spouse and children people.&CloseCurlyDoubleQuote Yanan Shen, co-founder and president of Li Vehicle, commented, “Our total manufacturing has been affected by the shortage of particular auto sections resulting from the resurging COVID-19 conditions not long ago in the Yangtze Delta region. We proceed to take steps to make sure provide and safeguard creation, aiming to shorten the ready time of shipping to our consumers.&CloseCurlyDoubleQuote

As of March 31, 2022, the Company had 217 retail stores in 102 towns, as well as 287 servicing centers and Li Auto-licensed overall body and paint outlets operating in 211 cities.

About Li Automobile Inc.

Li Car Inc. is an innovator in China&CloseCurlyQuotes new energy auto sector. The Corporation designs, develops, manufactures, and sells premium wise electrical autos. Its mission is to generate households on the go that convey contentment to the overall relatives (“??????,??????&CloseCurlyDoubleQuote). Through innovations in product or service, technology, and business enterprise product, the Corporation presents families with protected, handy, and refined items and solutions. Li Vehicle is a pioneer to efficiently commercialize extended-array electrical vehicles in China. Its to start with design, Li One particular, is a six-seat, huge quality smart electric SUV. The Business started volume output of Li A single in November 2019 and launched the 2021 Li A single in Could 2021. The Organization leverages technologies to build benefit for its end users. It concentrates its in-dwelling advancement attempts on its proprietary variety extension method, next-generation electric motor vehicle technology, and smart vehicle options. Beyond Li A person, the Enterprise will develop its product or service line by producing new automobiles, which includes BEVs and EREVs, to focus on a broader customer base.

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This press release includes statements that could represent “forward-wanting&CloseCurlyDoubleQuote statements pursuant to the “safe harbor&CloseCurlyDoubleQuote provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. These ahead-hunting statements can be discovered by terminology such as “will,&CloseCurlyDoubleQuote “expects,&CloseCurlyDoubleQuote “anticipates,&CloseCurlyDoubleQuote “aims,&CloseCurlyDoubleQuote “future,&CloseCurlyDoubleQuote “intends,&CloseCurlyDoubleQuote “plans,&CloseCurlyDoubleQuote “believes,&CloseCurlyDoubleQuote “estimates,&CloseCurlyDoubleQuote “likely to,&CloseCurlyDoubleQuote and similar statements. Li Vehicle may well also make published or oral forward-seeking statements in its periodic studies to the U.S. Securities and Trade Commission (the “SEC&CloseCurlyDoubleQuote), in its yearly report to shareholders, in push releases and other composed elements, and in oral statements produced by its officers, directors, or workers to third get-togethers. Statements that are not historic info, together with statements about Li Vehicle&CloseCurlyQuotes beliefs, strategies, and anticipations, are ahead-wanting statements. Ahead-looking statements entail inherent challenges and uncertainties. A range of variables could lead to precise benefits to differ materially from individuals contained in any forward-wanting assertion, which include but not constrained to the subsequent: Li Vehicle&CloseCurlyQuotes strategies, upcoming company development, and fiscal problem and benefits of operations Li Vehicle&CloseCurlyQuotes limited functioning history dangers connected with prolonged-range electric cars Li Car&CloseCurlyQuotes capacity to acquire, manufacture, and supply cars of higher top quality and charm to consumers Li Car&CloseCurlyQuotes skill to generate favourable funds move and gains product or service problems or any other failure of cars to conduct as anticipated Li Auto&CloseCurlyQuotes capacity to contend efficiently Li Auto&CloseCurlyQuotes capability to create its manufacturer and stand up to negative publicity cancellation of orders for Li Vehicle&CloseCurlyQuotes vehicles Li Automobile&CloseCurlyQuotes means to produce new cars and improvements in shopper demand from customers and federal government incentives, subsidies, or other favorable govt guidelines. Even more facts concerning these and other pitfalls is involved in Li Vehicle&CloseCurlyQuotes filings with the SEC. All data provided in this press release is as of the date of this press release, and Li Automobile does not undertake any obligation to update any ahead-wanting statement, apart from as expected beneath applicable law.

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