Tuesday, July 16, 2024

Li Auto delivers 31,716 vehicles in Q1 2022, up 152% year-on-year

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Li Autos in March delivered 11,034 Li ONE, the only model the company has. This number is up 125 percent compared to March 2021.

Compared to February 2022, deliver was up by 31 percent, according to figures released today by the company.

In total, Li Auto delivered 31,716 vehicles in the first quarter of 2022, an increase of 152 percent compared to the first quarter of 2021. In total, the cumulative deliver of Li ONE has reached 155,804 units.

Li Auto’s production was heavily affected by the shortage of certain auto parts due to the recent increase in Covid-19 cases in the Yangtze Delta region, said Shen Yanan, co-founder and president of the company.

Li Auto has 217 retail stores in 102 cities. Li Auto has 287 authorized service centers and repair shops operating in 211 cities.

The increase in raw material prices also affected Li Auto. The company also announced a price increase on March 23.

The Li ONE will be raised from RMB 338,000 ($53,090) to RMB 349,800. The latest prices are effective on April 1st.

Li Auto will launch the L9 SUV on April 16, with a price range of RMB 450,000-500,000. This is the second electric vehicle portfolio owned after the Li One.

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