Li Auto reached 1 millionth vehicle delivery milestone, meaning 24,824 vehicles have been delivered so far this month.

Li Auto (NASDAQ: LI) announced today that it has reached the one millionth vehicle delivery milestone, three days after its one millionth vehicle rolled off the assembly line.

It took Li Auto 58 months to see vehicle deliveries go from first to 1 millionth vehicle, making it the first of the new Chinese car-making brands to reach the milestone, it announced today on Weibo.

The company delivered a record 53,709 vehicles in September, bringing cumulative deliveries since inception to 975,176 vehicles, according to data compiled by CnEVPost.

That means Li Auto has delivered 24,824 vehicles so far this month.

Founded in July 2015, Li Auto is one of the major extended-range electric vehicle (EREV) players in China.

Its first model, the Li One EREV, was released in October 2018, and in December 2019, deliveries began.

Li Auto saw cumulative deliveries reach 10,000 units in June 2020 and 100,000 units in November 2021.

The Li One has been discontinued with cumulative deliveries of over 210,000 units.

Li Auto currently sells mainly L-series EREVs, including the Li L6, Li L7, Li L8 and Li L9, all of which are SUVs (sport utility vehicle).

On March 1, the company's first battery electric vehicle (BEV), the Li Mega MPV (multi-purpose vehicle), was launched.

The company saw its 700,000th vehicle delivery in March, its 800,000th in June and its 900,000th in August.

Li Auto achieved a record 152,831 deliveries in the third quarter, up 45.4 percent year-on-year and within the guidance range of 145,000 to 155,000 units.

In the January-September period, Li Auto delivered 341,812 vehicles, up 39.96 percent year-on-year.

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