In early June, a media report said Li Auto's Beijing plant is expected to be completed and start production in August.

On July 5, local media outlet 36kr reported that Li Auto has told its supply chain to raise its sales forecast for the second half of the year to around 240,300 units.

Li Auto is on track to see sales of over 380,000 units for the full year, well ahead of the 300,000 sales target set at the start of the year, considering it delivered 139,000 units in the first half of the year, according to the report.

The company said when it announced its June delivery figures on July 1 that it would challenge itself in the fourth quarter to achieve the 40,000-unit monthly delivery mark.

In addition, according to Jiemian's report today, Li Auto is planning to boost production capacity at its Changzhou plant, while plans to start production at that Chongqing base, previously thought to be its third factory, have been halted.

Li Auto will continue to push forward with its production layout plan, depending on national industrial policies and its own development pace, the company said in response to the report.

Li Auto is currently working to improve the operational efficiency of its Changzhou plant to ensure timely delivery of orders, it said.

($1 = RMB 7.1338)

Li Auto Jun sales breakdown: Li L7 contributes 40% with 13,107 units