Li Auto October 2023 Delivery : Record 40,422 Vehicles

Li Auto announced a monthly record of 40,422 vehicle deliveries in October, up 302.1% from a year ago.

Meanwhile, XPeng said it delivered 20,002 vehicles in October, up 292% from a year ago.

Nio said it delivered 16,074 EVs in October, up 59.8% from the 10,079 vehicles delivered in the same period a year ago. The deliveries included 11,086 electric sport-utility vehicles and 4,988 electric sedans.

Year to date, the company has 126,067 EVs, 36.3% more than at the same time last year.

Combined, the three delivered 76,498 vehicles, a record total for a month and up from 25,212 delivered in October 2022. In September, the number was 66,831.

"Following steady growth for 10 consecutive months, Li Auto achieved a new milestone with over 40,000 monthly deliveries, a strong testament to our ever-improving organizational capabilities across production, sales, and services. Notably, we are the first Chinese emerging new energy automaker to reach this benchmark, highlighting our entrance into the next stage of accelerated scale growth," said Xiang Li, chairman and chief executive officer of Li Auto.

"Li Auto has led the sales chart of SUVs priced above RMB300,000 for six straight months, becoming the best-selling premium brand among SUVs in China. Our Li L series maintained its broad market appeal, with Li L9 topping the full-size SUV market for 13 consecutive months, while Li L7 and Li L8 have ranked first and second place in the large SUV market for 6 consecutive months, respectively. The cumulative deliveries of Li L9 and Li L8 have each surpassed 100,000 units. Furthermore, Li MEGA, our super flagship 5C BEV model, has garnered widespread attention ahead of its official launch, underscoring our potential to build the best-selling model among vehicles priced above RMB500,000 for multi-generational households in China."

As of October 31, 2023, the Company had 372 retail stores in 133 cities, as well as 315 servicing centres and Li Auto-authorized body and paint shops operating in 210 cities.