Beijing (ZXZC)- On July 5, Li Auto, the Chinese new energy vehicle startup, celebrated the delivery of its 400,000th vehicle at the Beijing Delivery Center. 

Delivery ceremony; photo credit: Li Auto

The significant vehicle is a Li L7 flagship five-seater SUV. Since the beginning of its first vehicle delivery in December 2019, Li Auto has achieved this remarkable milestone in just 42 months, which made it the fastest-growing startup in the domestic automotive industry to reach the 400,000-vehicle delivery mark. Notably, the company accomplished the delivery of the 300,000th to 400,000th vehicles in less than four months.

In the first half of 2023, Li Auto delivered a total of 139,117 new vehicles to customers, representing a 130% soar from a year ago. This figure has already surpassed the company’s total deliveries for the entire year of 2022. 

Li Auto has achieved more than 20,000 units of monthly deliveries for four consecutive months and surpassed 30,000 units for the first time in June. Looking ahead to the second half of this year, Li Auto aims to challenge a monthly delivery target of 40,000 units in the fourth quarter, relying on its L-series products. 

Additionally, the highly anticipated MEGA model, the company's first all-electric flagship vehicle, is set to be unveiled by the end of the year, with an estimated price of over 500,000 yuan.

In addition, Li Auto is rapidly expanding its self-developed and operated 5C supercharging network. By the end of this year, Li Auto plans to complete the construction of over 300 supercharging stations, with a target of exceeding 3,000 stations by 2025.