GlobeNewswire News Room·2024-12-01 03:00Company Performance - Li Auto delivered 48,740 vehicles in November 2024, representing an 18.8% year-over-year increase [1] - Cumulative deliveries reached 441,995 vehicles in 2024, with total deliveries surpassing 1,075,359 [1] Market Position - Li Auto maintained its position as the best-selling brand among Chinese automotive brands in the RMB200,000 and above passenger vehicle market for eight consecutive months [2] - The Li L6 model achieved over 160,000 cumulative deliveries, remaining the sales champion among Chinese brand models priced above RMB200,000 since June [2] Technological Advancements - Continuous advancements in autonomous driving technologies have increased demand for models equipped with Li AD Max, which accounted for over 70% of orders for models priced above RMB300,000 and over 80% for those above RMB400,000 in November [2] - The Company released OTA update version 6.5 in November, providing users with a one-click point-to-point autonomous driving feature [2] Infrastructure Development - As of November 30, 2024, Li Auto operated 475 retail stores in 141 cities, 451 servicing centers, and 1,135 supercharging stations with 5,680 charging stalls across China [3] Company Overview - Li Auto is a leader in China's new energy vehicle market, focusing on designing, developing, manufacturing, and selling premium smart electric vehicles [4] - The Company aims to create safe, convenient, and comfortable products and services through innovations in product, technology, and business model [4] - Li Auto has successfully commercialized extended-range electric vehicles in China and is also developing battery electric vehicle platforms [4]