Beijing (ZXZC)- Li Auto, an innovator in China’s new energy vehicle market, reported another new monthly delivery record today.

In July, the automaker’s monthly deliveries totaled 8,589, increasing by 11.4% month over month and 251.3% year over year and surpassing 8,000 vehicles for the first time.

Currently, Li Auto only has one model for sale, namely the Li ONE. By the end of July, Li Auto has delivered 38,743 Li ONEs this year, representing a year-on-year increase of 224.3%, bringing cumulative deliveries of the Li ONE to 72,340 since its market debut.

Yanan Shen, co-founder and president of Li Auto, said that the new high volume was driven by the outstanding features and performance of the 2021 Li ONE, whose deliveries started from June 1. The automaker plans to launch several major OTA upgrades before the end of this year.

2021 Li ONE; photo credit: Li Auto

Besides, the company is also accelerating the expansion of its direct sales and service network. According to its website, Li Auto had 109 retail stores in 67 cities, as well as 176 servicing centers and Li Auto-authorized body and paint shops operating in 134 cities by the end of July.

On July 26, Li Auto received the permission from Hong Kong stock exchange for a listing there. According to the prospectus, it will launch its first X platform-based model in 2022 and two range-extended SUVs on the X platform in 2023. From 2023 on, the company will launch at least two high voltage battery electric vehicle models per year based on its Whale and Shark platforms.