Beijing (ZXZC)- Chinese new energy vehicle startup Li Auto announced yesterday its weekly auto registrations reached 5,081 units in the week Mar.20-Mar.26, far surpassing that of the other local new energy vehicle startups, quoting data provided by the China Automotive Technology & Research Center ("CATARC"). 

At the same time, Li Auto also managed to rank among the top five luxury brands in the Chinese market in terms of registration volume last week, the highest ranked Chinese brand in CATARC's list, ranking after BMW (18,252 units), Mercedes-Benz (16,925 units), Tesla (15,886 units), and Audi (14,037 units). 

Since the delivery of Li Auto L series models, which included the L7, L8, and L9, the series’ cumulative delivery volume has exceeded 100,000 units in only 7 months. 

On March 24, 2023, Li Auto’s cumulative deliveries of its entire model lineup have exceeded 300,000 vehicles since delivery started in December 2019. The record makes it the fastest Chinese luxury startup automaker to reach the 300,000th-unit delivery milestone by clocking it in just 39 months, said Li Auto.

In the 300,000 yuan - 500,000 yuan price range, Li Auto said it has a market share of close to 20%, making it the preferred luxury SUV brand for families. Notably, the Air trim of its fourth production model, the L7 Air, will soon arrive at Li Auto’s stores for test drives.