Li Auto boasts 146% YoY spike in May 2023 deliveries

Shanghai (Gasgoo)- Li Auto, a leading company in China's new energy vehicle market, today announced that it delivered 28,277 vehicles in May 2023, which surged 146.0% compared to the previous year.

This marks the third consecutive month that Li Auto delivered over 20,000 vehicles and the second straight month of delivering over 10,000 Li L7s, the company’s first 5-seater flagship SUV.

Photo credit: Li Auto

By the end of May 2023, the cumulative deliveries of Li Auto vehicles had amounted to 363,876 units.

Li Auto achieved a significant milestone in May by surpassing 10 billion yuan in monthly gross sales for the first time in its history. This achievement has laid a solid foundation for the company to reach its annual sales target of 100 billion yuan in 2023, said Xiang Li, chairman and chief executive officer of Li Auto. The company attributes the robust sales performance to a full-scale upgrade of organizational processes, which has enhanced its operating capabilities, quality, and efficiency.

“Our smart electric vehicles and organizational processes are the two most critical strengths of Li Auto,” commented Xiang Li.

As of May 31, 2023, Li Auto has had deployed 314 retail stores in 124 cities. Additionally, they also had 319 servicing centers and Li Auto-authorized body and paint shops operating in 222 cities. These extensive retail and service networks reflect the company's commitment to providing support and convenience to its customers across China.