Li Auto Inc. June 2024 Delivery Update

Core Insights - Li Auto Inc. delivered 47,774 vehicles in June 2024, marking a 46.7% year-over-year increase, and achieved total second-quarter deliveries of 108,581, up 25.5% year-over-year [1][2] - The company has reclaimed the top position in sales among China's emerging new energy auto brands and is the sales champion in the RMB200,000 and higher NEV market, driven by the successful launch of the Li L6 model [2] - As of June 30, 2024, Li Auto's cumulative deliveries reached 822,345 vehicles, solidifying its leadership in the new energy vehicle sector in China [1][2] Company Overview - Li Auto Inc. is a leader in China's new energy vehicle market, focusing on designing, developing, manufacturing, and selling premium smart electric vehicles [3] - The company emphasizes innovation in product, technology, and business models to provide safe, convenient, and comfortable products and services [3] - Li Auto has successfully commercialized extended-range electric vehicles in China and has a diverse model lineup, including the Li MEGA, Li L9, Li L8, Li L7, and Li L6 [3] Retail and Service Network - As of June 30, 2024, Li Auto operated 497 retail stores in 148 cities, 421 servicing centers, and authorized body and paint shops in 220 cities [2] - The company has established 614 supercharging stations with 2,726 charging stalls across China, enhancing its service capabilities [2]