The first in the industry, full firepower! LI’s delivery in 2023 has exceeded 300,000 vehicles.

  The first in the industry, full firepower! LI’s delivery in 2023 has exceeded 300,000 vehicles.

  A few days ago, LI announced through Guanwei that the cumulative delivery volume in 2023 exceeded 300,000 vehicles. It is reported that this is the first luxury brand in China with a sales volume of 300,000 vehicles this year.

Image source: LI official micro screenshot

  In addition, LI also mentioned that the cumulative delivery of the ideal L series exceeded 350,000 vehicles. Among them, the delivery volume of single models has exceeded 100,000.

  The ideal L9 will be delivered on August 30th, 2022, and will exceed 10,000 in the first complete delivery month in September, 2022, and the delivery of the 100th vehicle will be completed on August 30th, 2023. As of October 2023, it has been the champion of large SUV sales for 14 consecutive months.

  The ideal L8 will be delivered on November 10th, 2022, with the delivery volume exceeding 10,000 in December, and the delivery of the 100th vehicle will be completed on October 20th, 2023.

  Ideal L7 started delivery on March 11th, 2023, and delivered over 10,000 in April, 2023. In October 2023, from the first delivery month, it has been the champion of medium and large SUV sales for 8 consecutive months. On November 7, 2023, the delivery of the 100,000th vehicle was completed.

  LI emphasized that the six-seat layout of Li ONE, Ideal L9 and Ideal L8 has unlocked more possibilities for the space of home SUVs. Ideal L7 with five flagship SUVs for families will attract more young families of three and prospective families to join the user family in LI.

  In addition, LI also said that LI’s extended-range electric solution, which was not optimistic at first, has become an energy form that more and more China families yearn for today. Extending the journey is to increase the mileage of happiness for your family. Up to now, Li ONE, which has the longest mileage, has traveled nearly 400,000 kilometers, and the ideal L9, which has the longest mileage, has traveled nearly 110,000 kilometers.

  In terms of intelligence, the data also shows that since 2023, Li Xiang has helped his family to effectively execute instructions for more than 1 billion times, and the successful wake-up rate has reached 98%.

  In terms of safety, in addition to the test items specified by C-NCAP and China Insurance Research Institute, LI’s self-developed ideal fortress safety body TM also includes 212 vehicle and subsystem verification, including more than 40 vehicle collision test items in all scenarios and working conditions. The safety of all models in LI has obtained the highest safety rating certification in many tests.

Image source: LI

  It is worth mentioning that LI has broken the pain point of slow delivery of new models in the automobile industry during the period of capacity climbing, and created the industry trend of "release means listing, listing means quantity, and quantity means high quality". With the intensification of competition in the domestic new energy vehicle market, the market share of head enterprises has been increasing. In the third quarter, the penetration rate of LI in the new energy vehicle market of more than 200,000 yuan reached 15.4%, up 4.5 percentage points from the first quarter.

Image source: LI

  LI is also constantly introducing new models. On November 17th, the opening day of Guangzhou Auto Show, the ideal flagship model MEGA officially opened the reservation, and the official price was locked in the range of 500,000-600,000 yuan. After opening the reservation for 1 hour and 42 minutes, the reservation volume exceeded 10,000 vehicles. The new car will be delivered in late February next year, and the listing price will be announced in December this year.

  Not long ago, LI released its financial report for the third quarter of 2023, with both quarterly delivery and financial data hitting record highs. In the third quarter, it delivered 105,108 vehicles, up 296.3% year-on-year. In the third quarter, it won the sales champion of SUV models with a price of over 300,000 yuan and new energy vehicles with a price of over 300,000 yuan. The strong market demand boosted the revenue growth, and the quarterly revenue was 34.68 billion yuan, a year-on-year increase of 271.2%. In the same period, the operating profit and net profit were 2.34 billion yuan and 2.81 billion yuan respectively, achieving four consecutive quarters of profit.

  (This article is from Gasgoo, Gasgoo)