Industry dynamics

Li Auto Nov deliveries breakdown: Li L7 at 16,599, Li L8 at 12,476

Publishtime:1970-01-01 08:00:00 Views:24

Both the Li L7 and Li L8 saw record deliveries in November, while deliveries of the Li L9 slipped.

Li Auto (NASDAQ: LI) said earlier this month that it delivered a record 41,030 vehicles in November. Now, the breakdown figures show how its three models fared.

The company's current models on sale include the five-seat Li L7, as well as the six-seat Li L8 and Li L9, all of which are extended-range electric vehicles (EREVs).

The least expensive Li L7 delivered a record 16,599 units in November, contributing 40.46 percent of Li Auto's deliveries in November, according to data from the China Passenger Car Association (CPCA) shared by local automotive media Yiche.

Deliveries of the model increased by 6.92 percent in November compared to 15,525 in October.

The Li L7 was launched on February 8 and deliveries began on March 11. By the end of November, the Li L7 had accumulated 113,661 deliveries, data monitored by CnEVPost show.

The Li L7 is currently available in three versions with starting prices of RMB 319,800 ($44,550), RMB 339,800, and RMB 379,800, respectively.

Li L8 deliveries in November were a record 12,476 units, up 2.75 percent from 12,142 in October, contributing 30.41 percent of Li Auto deliveries. A total of 102,977 units of Li L8 were delivered in the January-November period.

The model, which is in the middle of Li Auto's price range, was launched on September 30, 2022 and deliveries began on November 10 last year.

The Li L8 is currently offered in three variants with starting prices of RMB 339,800, RMB 359,800 and RMB 399,800 respectively.

Li Auto's flagship model, the Li L9, delivered 11,955 units in November, marking the fourth consecutive month with over 10,000 deliveries. This represents a year-on-year increase of 31.56 percent, but a decrease of 6.28 percent from 12,756 in October.

The Li L9 contributed 29.14 percent of Li Auto deliveries in November.

The Li L9 is the second model of the Li Auto after the discontinued Li One, which was released on June 21, 2022, with deliveries beginning on August 30, 2022.

The Li L9 is currently offered in 2 versions with starting prices of RMB 429,800 and RMB 459,800 respectively.

On December 6, Li Auto announced limited-time financial incentives to boost sales.

($1 = RMB 7.1788)

Li Auto offers limited-time financial incentives to boost sales