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Li Auto Inc. November 2022 delivery update

BEIJING, China, Dec. 1, 2022 (GLOBE NEWSWIRE) — Today, Li Auto Inc. (“Li Auto” or the “Company”), a leader in China’s new energy vehicle market (Nasdaq: LI; HKEX: 2015) ) announced that it has delivered 15,034 vehicles in November 2022. This is the highest ever monthly delivery and represents an 11.5% increase over the previous year. As of the end of November, Li Automobile’s cumulative deliveries totaled 236,101 units.

“In November, we broke a monthly record with 15,034 deliveries. In particular, the Li L9 has been the sales champion of China’s full-size SUV for two consecutive months since the start of delivery, and the top six-seater full-size family SUV in China. Meanwhile, according to the China Insurance Automobile Safety Index evaluation results released in November, the Li L9 tested 25% frontal offset impact on both the driver and passenger sides. It was the first domestically produced full-size SUV to achieve a G rating, the highest safety rating, in both tests.Thanks to its ultra-strong body structure, the Li L9 has a peak load of 116,475 Newtons in the roof strength test. It has demonstrated best-in-class performance with the ability to withstand high pressure,” commented Yanan Shen, co-founder and president of Li Auto. “Furthermore, we believe that user satisfaction with the Li L8 has exceeded expectations since delivery began in early November. ,000 price segment, consolidating our market position.”

As of November 30, 2022, the company operates 276 retail outlets in 119 cities, 317 service centers in 226 cities, and Li Auto-certified body and paint shops.

About Lee Automobile

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures and sells premium smart electric vehicles. Its mission is to: Create a mobile home, create happiness (creating mobile homes, creating happy homes). We will provide safe, convenient, and comfortable products and services to families through product, technology, and business model innovation. Li Auto is a pioneer in successfully commercializing long-range electric vehicles in China. The company started mass production in November 2019. The model lineup includes the flagship 6-seater family SUV Li L9, the 6-seater premium family SUVs Li L8 and Li ONE, and the 5-seater flagship Li L7. Family SUV. We leverage technology to create value for our users. The company will focus its in-house development efforts on proprietary range extension systems, next-generation electric vehicle technology and smart vehicle solutions, while expanding its product line by developing new BEVs and EREVs to target a broader user base. to

See below for more information.

safe harbor declaration

This press release contains statements that may constitute “forward-looking statements” under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the following statements: “will,” “expect,” “forecast,” “goal,” “future,” , “likely”, and similar statements. Li Auto also makes written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) and the Hong Kong Stock Exchange (“HKEX”) and its annual reports to shareholders. may be done. , press releases and other documents, and oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements. This includes but is not limited to: Li Auto’s strategy, future business development, financial condition and results of operations; Li Auto’s limited operational history. Risks associated with long-haul electric vehicles. Li Automobile’s ability to develop, manufacture and deliver high-quality, customer-appealing vehicles. Li Auto’s ability to generate positive cash flow and profits. Product defects or other malfunctions that prevent the vehicle from functioning as expected. Competitiveness of Li Auto. Ability to build Li Auto’s brand and withstand negative publicity. Cancellation of orders for Li Automobile vehicles. Lee Automobile’s new car development capability. changes in consumer demand and government incentives, subsidies, or other favorable government policies; Further information regarding these and other risks is contained in Li Motor’s filings with the SEC and HKEX. All information in this press release is current as of the date of this press release and Li Auto undertakes no obligation to update any forward-looking statements except as required by applicable law. not.

For investor and media inquiries, please contact:

Lee Automobile Co., Ltd.
PR for investors

Piacente Group Co., Ltd.
Jan Song
Phone: 010-6508-0677

Brandi Piacente
Phone: +1-212-481-2050

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