Shen Zhen Shang Bao·2026-03-01 06:22Group 1 - In February 2026, Li Auto delivered 26,421 vehicles, a 4.5% decrease from January 2026's 27,668 deliveries, and a 0.6% increase compared to February 2025's 26,263 deliveries, indicating stagnation in year-over-year growth [1] - For the full year of 2025, Li Auto's total deliveries were 406,300 vehicles, representing an 18.8% decline year-over-year, and only achieving 58.05% of its initial target of 700,000 vehicles [1] - Li Auto's cumulative delivery as of December 31, 2025, reached 1,540,215 vehicles, making it the first new force brand in China to surpass the 1.5 million delivery milestone [1] Group 2 - In 2025, NIO and Xpeng reported significant sales growth, with NIO delivering 326,000 vehicles (up 46.9%) and Xpeng delivering 429,400 vehicles (up 125.94%), while Li Auto was the only company among the "new forces" to experience a decline in sales [2] - Li Auto's Q3 2025 revenue was 27.4 billion yuan, down from 42.87 billion yuan in the same period last year, with a gross profit of 4.5 billion yuan, a 51.6% decrease year-over-year [2] - The net loss for Li Auto in Q3 2025 was 624.4 million yuan, contrasting with net profits of 2.8 billion yuan in Q3 2024 and 1.1 billion yuan in Q2 2025 [2] Group 3 - Li Auto's OTA 8.3 system was officially launched before the Spring Festival, enhancing user experience with three core systems: VLA driver model, smart cockpit, and smart electric systems [3] - The new generation of Li Auto L9 and its ultimate version, Li Auto L9 Livis, are set to launch in Q2 2026, aiming to redefine flagship SUV products in the era of intelligent vehicles [3] - As of February 28, 2026, Li Auto has established 539 retail centers and 548 service centers across 223 cities, with 4,054 charging stations and 22,447 charging piles in operation nationwide [3]