Li Auto delivered record 7,713 units in June, up 320.6% year-on-year
(Graphic by CnEVPost)
Chinese electric carmaker Li Auto delivered a record 7,713 units of the Li ONE, the company's only model, in June, benefiting from a model refresh.
That's up 320.6 percent from a year ago and up 78.4 percent from May, data released by the company Friday showed.
Li Auto added more than 10,000 new orders in June, an all-time high, the company said.
This was made possible by the launch of its new Li ONE. On May 25, Li Auto unveiled the 2021 Li ONE with a starting price of RMB 10,000 ($1,560) higher than the previous version at RMB 338,000.
Deliveries of the new Li ONE began on June 1. However, perhaps because many potential owners were waiting for the new model, Li Auto's deliveries slipped about 22 percent to 4,323 units in May compared to April.
"June was the first full month since the launch of the 2021 Li ONE, and we are very grateful to our customers for recognizing the 2021 Li ONE with such a good result," said Shen Yannan, co-founder and president of the company.
In the second quarter of 2021, Li Auto delivered a total of 17,575 units, up 166.1 percent year-on-year and 39.7 percent from the first quarter.
Li Auto's second-quarter deliveries were a single-quarter high and exceeded the upper end of its previous earnings guidance figures of 14,500-15,500.
(Graphic by CnEVPost)
As of June 30, Li Auto had 97 retail centers in 64 cities. Its after-sales service centers stood at 167, covering 127 cities.
Yesterday, Li Auto's local counterparts Nio and Xpeng Motors both announced their June and second quarter delivery figures.
Nio delivered a record 8,083 vehicles in June, a 116.1 percent year-over-year increase.
This was the first time the company exceeded 8,000 deliveries in a single month, up 20.4 percent compared to May.
Nio delivered 21,896 vehicles in the second quarter, up 111.9 percent year-over-year and marking five consecutive quarters of positive growth.
Xpeng delivered a record 6,565 units in June, up 15 percent sequentially from 5,686 units in May and up 617 percent year-over-year.
The company also delivered 17,398 units in the second quarter, its strongest quarterly delivery result ever.