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Li Auto reaches 900,000 cumulative deliveries milestone

Li Auto has reached the 900,000 cumulative deliveries milestone, 56 months after the delivery of its first vehicle.
The new energy vehicle (NEV) maker announced the progress today, saying it's the first Chinese new car maker to reach the milestone.
That means Li Auto delivered 26,655 vehicles so far this month, considering its cumulative deliveries through the end of July were 873,345, CnEVPost's calculations show.
Li Auto delivered 51,000 vehicles in July, the second time it has surpassed the 50,000 mark after 50,353 in Dec last year.
Founded in July 2015, Li Auto is one of the major extended-range electric vehicle (EREV) players in China.
Li Auto currently sells mainly L-series EREVs, including the Li L6, Li L7, Li L8, and Li L9.
The company's first BEV, the Li Mega MPV (multi-purpose vehicle), went on sale on Mar 1, but its weak performance has made a limited contribution to sales.
The company had originally planned to launch three additional BEVs later this year, but after a weak performance from the Li Mega, it delayed the release of three new BEVs until the first half of 2025.
Li Auto will report unaudited financial results for the second quarter of 2024 on Wed, Aug 28, before the US markets open.
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