Li Auto Sets Quarterly Delivery Record, Plans Two New EVs for 2025

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Li Auto Sets Quarterly Delivery Record, Plans Two New EVs for 2025

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1. Li Auto delivered over 158,000 vehicles in Q4 2024, setting a new quarterly record. Full-year deliveries exceeded 500,000 units.
2. Q4 total revenue reached RMB 44.3 billion ($6.1 billion), up 6.1% year-over-year.
3. The company plans to launch two new pure electric SUVs in 2025: Li Auto I8 in July and I6 in the second half of the year.
4. Li Auto's autonomous driving system AD Max V13 has shown industry-leading performance in recent evaluations.
5. The company is accelerating its supercharging network deployment, aiming for 2,500 stations by the launch of its first BEV SUV and 4,000 by the end of 2025.
6. For Q1 2025, Li Auto expects deliveries between 88,000 and 93,000 vehicles, representing 9.5% to 15.7% year-over-year growth.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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