Industry dynamics

Li Auto says it has installed over 200,000 home chargers for vehicle owners

Publishtime:1970-01-01 08:00:00 Views:13

At the end of January, Li Auto had 272,475 cumulative deliveries and more than 70 percent of its owners had installed home chargers.

As of February 22, Li Auto vehicles had logged 6.05 billion kilometers since the first vehicle was delivered, with 3.78 billion kilometers, or 62 percent, driven on pure electric power, the company said today.

Li Auto's charging map aggregates charging stations from multiple charger operators to meet the varying needs of vehicle owners, it said.

As of February 22, the charging map had access to more than 40,000 charging stations in 352 cities, containing more than 500,000 charging piles, it said.

Li Auto has not yet started building its own brand of charging stations, although the company's management said in a post-earnings call with analysts yesterday that building infrastructure is critical for future all-electric models.

By comparison, Li Auto's local counterpart Nio (NYSE: NIO) is one of the most aggressive Chinese car companies in building charging infrastructure.

As of today, Nio has 1,320 battery swap stations and 2,369 charging stations offering 13,925 charging piles in China, according to data monitored by CnEVPost. Nio's charging map has access to more than 630,000 third-party charging piles.

On February 6, Nio co-founder and president Qin Lihong said at a media event that 76 percent of the power provided by Nio's charging piles from January 13 to February 5 was used by vehicles of other brands.

During that period, BYD vehicles used 17.6 percent of the power provided by Nio's charging piles, Tesla vehicles 15.8 percent, Xpeng 4.1 percent and Li Auto 3.7 percent.

January 21 to 27 was the Chinese New Year holiday.

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